SINGAPORE, Sept 17 (Reuters) - Asian gasoil margins inched
up on Monday, supported by prompt demand from Sri Lanka and
Indonesia, although premiums dipped as supply started to become
more balanced in Asia.
The gasoil crack rose 28 cents to $19 a barrel above Dubai
crude, Reuters data showed.    
Indonesia's Petral emerged in the spot market to seek
600,000 barrels of gasoil for October delivery.    

The company is expected to buy about 4 million to 5 million
barrels of the product for the month because of an anticipated
rise in demand ahead of the annual Haj pilgrimage in late
October.    

Sri Lanka's Ceylon Petroleum emerged in the spot market to
seek 300,000 barrels of gasoil after having recently bought two
combination gasoil cargoes for late September arrival. 

One of them was for 500 ppm sulphur gasoil and jet fuel from
Daewoo Korea at premiums of $2.45 and $2.33 a barrel
respectively over Singapore quotes.

The second cargo was for 0.25 percent sulphur gasoil and
90-octane gasoline from Bumi Siak at premiums of $3.69 and $6.20
a barrel respectively.    

Adding to supply, Taiwan's CPC Corp has sold a 1 percent
sulphur gasoil cargo for Oct loading to an unidentified buyer at
a discount of 60 cents a barrel to Singapore quotes. 

The company is aiming to start up a new residue fluid
catalytic cracker unit late in October after a few rounds of
delays and might offer lower sulphur diesel when the unit is up,
industry sources said. 

Formosa Petrochemical Corp has sold a 10 ppm sulphur diesel
cargo for Oct. 27-31 loading to PetroChina at a premium of $2.70
a barrel above Singapore quotes, about 30 cents higher than its
last 10 ppm sulphur diesel cargo sold in April. 

Asia's fifth largest refiner will raise its refinery
throughput in September by about 5.5 percentage points to about
92.5 percent as most of its units have resumed operations