CommoditiesMedium•1 October 2026•
1 min read
China Halts October Refined Fuel Exports to Prioritize Domestic Supply
Key Facts
1Major Chinese refiners have suspended most refined fuel exports for October to prioritize domestic supply security.
2PetroChina has cancelled several gasoline and jet fuel cargoes scheduled for October.
Major Chinese refiners have suspended most refined fuel exports for October to prioritize domestic supply security. Reuters reported that PetroChina cancelled several gasoline and jet fuel cargoes scheduled for the month, while Zhejiang Petrochemical did not schedule any exports during the week-long National Day holiday.
The suspension follows Beijing's decision to prioritize domestic energy needs, as the government has not yet authorized export quotas for October. PCCYF closed at $1.2 on September 30, 2026, as the removal of Chinese supply is expected to tighten global diesel and jet fuel markets already facing significant constraints.