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Chinese Refinery Product Exports to Slip 40% November m/m: OilChem

OIL

Chinese refinery oil product exports are set to fall 40% in November m/m according to OilChem.

  • It forecasts November exports at 2.5mn tons in November vs 4.17mn tons in October.
  • Breakdown by product:
  • Gasoline exports to lead decline, -46% m/m to 514k tons
  • Gasoil shipments -45% m/m to 710k tons
  • Kerosene/jet fuel flows -33% m/m to 1.29m tons

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