China’s diesel and gasoline demand rebounded last month while imports of liquefied natural gas and coal climbed.
Apparent demand for diesel, or domestic production plus net imports, rose 1.9 percent to 3.49 million barrels a day in April from March, according to Bloomberg calculations from General Administration of Customs data released today. Apparent demand for gasoline was 1.95 million barrels a day, up 7.9 percent from the prior month.
Gasoline consumption fell 11 percent in March from February, while diesel use slid 5.5 percent, data compiled by Bloomberg shows.
LNG imports rose 24 percent to 1.06 million metric tons last month from a year earlier, while purchases of coal, including lignite, gained 90 percent to 25.05 million tons, according to today’s statement.
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