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China: China boosts gasoil exports by 92% on month in Jul: GAC

China: China boosts gasoil exports by 92% on month in Jul: GAC

Write: Silvanus [2011-05-20]
p>China exported 519,656mt of gasoil in July 2010, sharply up 92% from June, according to the data from the General Administration of Customs.


Both Sinopec and PetroChina boosted gasoil exports in July to ease inventory pressure, as domestic sales were sluggish amid weak international crude.


Meanwhile, China raised gasoil imports by 48.3% to 124,024mt, the data shows.
China hiked gasoil exports by 22% to 3.14-mil mt in the first seven months of 2010, while it cut imports by 29% to 888,480mt, the data also indicates.


China Chemical Weekly: http://news.chemnet.com/en/detail-1403616.html