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Home Latest News

Diesel exports rebound

byCT Report
22/08/2016
in Latest News
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BEIJING: Diesel exports last month rebounded to a record level as severe flooding in some parts of the country curbed domestic fuel demand. The country exported 1.53 million tonnes of diesel last month, a 39 percent jump from June and beating the previous record in May, according to data released by the General Administration of Customs yesterday. While outbound gasoline shipments slipped from a record the previous month, they more than doubled from last year to 970,000 tonnes last month. China’s worst flooding since 1998 caused about US$33 billion in economic losses last month, according to London-based insurance broker Aon PLC.

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