China’s sluggish gasoil exports buoy Asian market, but headwinds remain

China’s lower-than-expected gasoil exports since the Golden Week holiday over Oct.1-7 are providing near-term support to the Asian gasoil market, though the support may prove short-lived as heavier outflows in November are expected to increase availability by year end, market sources said Oct. 17-18. Industry participants have been closely watching gasoil export volumes from China since refiners returned after the…