November 5, 2010 / 1:47 AM / 9 years ago

Sinopec cuts Nov, Dec diesel exports by 70 pct - trade

BEIJING, Nov 5 (Reuters) - China’s Sinopec Corp (0386.HK), the country’s top refiner and diesel exporter, will cut its overseas diesel shipments by about 70 percent in the last two months of the year to ease a domestic shortage, said a trading source on Friday.

“Sinopec will likely export about 40,000-50,000 tonnes for November and December, about 70 percent below the normal level of 200,000 tonnes per month,” said the source with knowledge of the refiner’s export plans. (Reporting by Chen Aizhu; Editing by Chris Lewis)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below