China's May gasoil export margin losses see first reduction in 2020

摘要

SINGAPORE (ICIS)~China's theoretical margin losses for gasoil exports narrowed in May, reducing for the first time in 2020, with the outlook for June uncertain. Theoretical margins for gasoil exports were at minus yuan (CNY) 1,318.6/tonne on average in May, compared with minus CNY1,579.5/tonne in April, according to ICIS data.