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Home > News > Sinopec Shanghai Petrochemical Started Diesel General Trade

Sinopec Shanghai Petrochemical Started Diesel General Trade

SCI99 2017-08-02

A ship carrying 30,000 tons of diesel set off from the marine terminal of Sinopec Shanghai Petrochemical to Southeast Asia. This was the first time for Sinopec Shanghai Petrochemical to export diesel by the trade mode of general trade. Previously, the company exported diesel by processing trade with imported materials, but this trade mode limited the export quotas.

As of June end, Sinopec Shanghai Petrochemical had finished the third batch quota that China Ministry of Commerce issued for 2017. Therefore, the company tried the general trade to reduce the export pressure of diesel and keep normal production.

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