China's Products Exports Rise Sharply

摘要

China's petroleum products exports rose 32% in August from July,as high levels of domestic products inventories forced state refiners to seek outlets overseas,regardless of prices(IOD Sep.8'20).After falling to five-year lows in July because of weak overseas demand,diesel exports almost doubled in August to 1.09 million tons(297,000 b/d)(IOD Aug.24'20).Gasoline exports also rose,although more modestly,to 1.22 million tons,leaving gasoline as China's main export product.