China Cuts Gasoline Exports, Imports More Diesel Before Holiday
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China cut gasoline exports to the lowest level in almost three years in December and diesel imports reached their 2011 high as fuel was stockpiled to meet increased demand for transport around the Lunar New Year break.
Net gasoline exports fell to 164,392 metric tons last month, the lowest since March 2009, and net purchases of diesel were around 210,000 metric tons, according to data released by the General Administration of Customs today.