UPDATE 1-China's Sept diesel, gasoline exports fall on robust domestic demand

By Kitco News / October 23, 2018 / www.kitco.com / Article Link

(Adds LNG imports data, background)


BEIJING, Oct 23 (Reuters) - China's September diesel andgasoline exports fell sharply from August as robust domesticdemand curbed overseas shipments.


Gasoline exports were 730,000 tonnes last month, the lowestsince the same month a year ago when shipments were 568,000tonnes, data from the General Administration of Customs showedon Tuesday.


Diesel exports in September fell to a 21-month low at 1.03million tonnes below 1.184 million tonnes during the same montha year earlier, the data showed.


Exports last month fell even as China's refinery runs roseto a daily record high as refiners ramped up production onimproving margins. This suggests that the increased fuel outputwas consumed inside the country. Liquefied natural gas imports were at 4.37 million tonnes inSeptember, up 27 percent from a year ago but falling from 4.71million tonnes in August, the data showed.


For the first nine months of the year, arrivals rose 44percent from the same period last year to 36.98 million tonnes,according to the data.
(Reporting by Meng Meng and Aizhu Chen; Editing by ChristianSchmollinger)

Messaging: meng.meng.thomsonreuters@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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