Commodities
Gasoline Exports From China Decline as Flows Seen Loss-Making
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Gasoline exports from China fell to the lowest since April due to a plunge in margins and quota that is fast running out.
Cargoes of the fuel fell to 770,000 tons last month, according to customs data on Wednesday. That’s 44% lower than in August last year. Diesel exports came in at 880,000 tons, which was the most since May but lower on a year-on-year basis.