China’s export companies plan to increase gasoline exports in December by 30.7% from November to 2 million mt, while reducing gasoil exports by 28.5% to 1.3 million mt as domestic demand absorbs this output, sources with knowledge of the matter told S&P Global Platts. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The potential increase in gasoline exports was mainly attributed to Zhejiang Petroleum & Chemical, which is planning to ship at least 500,000 mt of gasoline overseas in December after it exported its first 60,000 mt gasoline cargo on Nov. 26. “We will probably export a bit more in order to fulfill the quota,” a company source said on Dec. 7, but added that the volume also depends on the market structure […]