Sinopec, China largest refiners will regain large diesel oil export.It won't stop until next year because additional refining capacity lead the sharply-increasing supply. But the demand remians a anemic growth.
sources said that Sinopec planned to export 300000 tons diesel every month in the fouth quarter, which was less than expected. Sinopec's granted amount in the last quarter was more than 1000000 tons.
According to China's supply and demand in the future, diesel export amount will remain the same the until next year.
Written by Nicolas Yang
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