China Maintains Steady Fuel Exports
China is set to maintain steady refined fuel exports in September at over four million tons. Refiners aim to capture strong overseas margins as Beijing eases controls.
Xurve View
Insights:
Xurve View
China will allow refiners to export slightly more than 4 million metric tons of refined fuel in September, matching August levels as Beijing relaxes controls. The move follows export restrictions imposed in March after conflict disrupted Middle Eastern crude supplies. The steady export volume aims to capture higher overseas profit margins and could help cap regional price gains across Asia, trade sources said.
