SINGAPORE, Feb 8 (Reuters) - Activity in the Asia-Pacific crude market was muted on Wednesday, as participants waited for trading of April-loading cargoes to kick off later this week. The market is also waiting for the results of the first round bidding for PV Oil's term offer of Rang Dong crude for April to September loading. The tender closed on Tuesday, and bids were expected to be higher than PV Oil's previous tender, boosted by Japanese demand for power generation, traders said. The Vietnam state firm's previous tender for October-March Rang Dong was awarded to ConocoPhillips at around $4.60-$4.70 to Minas quotes, a trader said. Fewer April cargoes of Pacific crudes are expected to be offered due to delays stemming from the impact of cyclone Iggy, traders said. * TENDERS - Indonesia's Petral has bought 700,000 barrels of Vityaz crude for April-loading via a tender at around $5-$5.20 a barrel above dated Brent, traders said on Wednesday. - Indonesia's BPMigas is offering to sell 250,000 barrels of Arun condensate for March-lifting via a tender which closes on Feb. 9. * EFS - Front-month Brent/Dubai Exchange of Futures for Swaps (EFS) for March DUB-EFS-1M rose 22 cents to $3.12 a barrel. * MARKET NEWS - The United Arab Emirates' main exporter of crude oil will fulfill all supply contracts to Asia for March, for the first time in almost a year, to help the region's top buyers cut their dependence on oil from sanctions-hit Iran. - Top oil exporter Saudi Arabia produced around 9.87 million barrels per day (bpd) of oil in January, about 70,000 bpd more than it pumped in December, an industry source familiar with the matter told Reuters. - China's imports of key commodities, including crude oil, copper and iron ore, are set to have fallen in January as factories shut during the Lunar New Year break, analysts said, cautioning that the outlook for most industrial commodities was bleak. * REFINERY MARGINS - The complex refining margin for Dubai in Singapore was $9.01 per barrel, down from an average of the last five days of $10.13, Reuters data show. Over the last year, the average margin has been $8.18 cents per barrel. * CRACK SPREADS - Fuel oil's March crack rose 5 cents to a discount of $3.70 a barrel to Dubai crude. - Gasoil's March crack strengthened 19 cents to a premium of $18.76 a barrel to Dubai crude. - Naphtha's front-month crack eased 91 cents to a discount of $6.67 a barrel to Brent crude. * OUTRIGHT PRICES - March ICE Brent was at $116.67 a barrel by 0830 GMT, up 88 cents from the previous session. (Reporting by Francis Kan; editing by Miral Fahmy)

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