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According to the latest statistics from the General Administration of Customs, China’s refined oil exports in August were 2.
0341 million tons, down 27.
36% month-on-month and 21.
94% year-on-year
.
Specifically, in August, China's gasoline and diesel exports fell sharply compared with the previous month, while kerosene exports rose sharply
.
Among them, gasoline exports were 568,400 tons, down 23.
28% and 53.
Industry insiders analyzed that China’s second batch of export quotas for refined oil products was issued at the beginning of August, but many export companies have already made export plans at the end of July, making additional exports difficult, so gasoline and diesel exports have fallen sharply
.
The sharp increase in exports of kerosene in August was mainly due to the substantial reduction in the amount of kerosene flowing into the diesel market in China, and there were still local epidemics in the country, which affected travel, and the increase in aviation fuel was limited
.
As for the export of refined oil products, as of August, China’s export volume of refined oil products this year was 36,995,500 tons, completing 84% of the first and second batch of export quotas.
There is still an unfulfilled export quota of 5.
8627 million tons
.
The planned export volume of gasoline and diesel in September is expected to be about 1.
6 million tons, which is an increase from the planned export volume in July and August, mainly because export units in September have the second batch of export quotas at their disposal