Total 2026 clean-product quotas have dropped to 36.55 million tons, down from 40.20 million tons in 2025, as Beijing prioritizes domestic fuel security. The October 1 suspension, which limited exports to Hong Kong and Macau, was triggered by commercial diesel stocks falling 20 million barrels below pre-war benchmarks. The resumption of gasoline, diesel and jet fuel flows is intended to ease strained global supplies and record-high diesel prices.
Tuesday, October 20, 2026
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China Cuts Annual Fuel Quotas to 36.5M Tons in Export Restart
Commodities11 days ago
Beijing has authorized about 3.7 million metric tons of refined product shipments for October after a temporary ban during the Golden Week holiday. Trade sources report this volume is 19% lower than the 4.58 million tons shipped in August and falls short of the 4 million tons expected in September. The restart follows a shift in strategy where China now manages export approvals on a month-by-month basis rather than through annual allotments.
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