China’s Sinochem International Corp 600500.SS is offering September-loading spot 10 ppm sulphur gasoil sales via a tender, three sources said on Tuesday.
The state-owned refiner is looking to sell at least 80,000 metric tons of gasoil loading Sept. 15-17 from Quanzhou port, they added.
The tender closes on Aug. 22, with bids to be valid till Aug. 24.
The offer comes after some September-loading gasoline sales were concluded a week earlier by other Chinese major refiners, one source said.
This fuelled speculation that China could issue a third batch of fuel export quotas soon, with the market waiting on an announcement since early August.
Source: Reuters (Reporting by Trixie Yap; Editing by Jacqueline Wong)