FA CTBOX: China’s galloping gasoil exports

摘要

Singapore —China’s gasoil exports are set to remain elevated through year-end amid weakening domestic demand and surplus quota availability. Gasoil exports hit a monthly record-high of 1.11 million mt (275,650 b/d) in September, nearly five times higher than exports a year earlier and up 54% from the previous record of 722,520 mt in August, according to data released this week by the General Administration of Customs.