What is the expected volume of China's refined fuel exports in September, and how does it compare to last year's average?

China is expected to export slightly more than 4 million metric tons of gasoline, diesel, and jet fuel in September, according to trade sources and two Chinese consultancies. This represents a significant increase compared to the monthly average of around 3 million tons for these three fuels combined last year.

Which company received the largest share of China's refined fuel export allowances, and what was the approximate allocation for Zhejiang Petrochemical Corp?

More than 60% of the export allowances were granted to state-owned PetroChina and Sinopec, while Zhejiang Petrochemical Corp received allowances of roughly 500,000 tons or more, according to two of the five trade sources cited in the article.

China maintains stable refined fuel exports under relaxed controls, sources say

Sep 2, 2026

China plans to export approximately 4 million tons of refined fuels in September after easing export restrictions. State-owned refiners like PetroChina and Sinopec will secure over 60% of quotas, influencing Asian supply and pricing.

reuters

2026-06-16

China taps ultra-deep Sichuan shale in push to boost gas output

2026-09-02

China maintains stable refined fuel exports under relaxed controls, sources say

China maintains stable refined fuel exports under relaxed controls, sources say

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