28-07-04 China's import of diesel oil is expected to fall sharply in August, compared with the previous several months, owing to an increase in domestic supply, and slowing down in demand growth.
It is estimated by traders of the National Oil Trading Company that the import of August is just 40,000 tons by now, just a third of that in July.

A trader of Sinopec, China's biggest oil refinery, stated that they have got no import order for August. Sinopec is the company that has the most import amount of diesel oil this year.
Because China takes measures to restrict investment and economize on electricity around the country, and the demand of diesel oil is in a dead season at present, the sales growth slows down and the storage of diesel oil in some areas of China rises slightly.