Loading…
China’s diesel exports could fall below 800,000 tonnes in November, down from 1.8 million tonnes in September, as commercial inventories fell to 11.1 million tonnes at the end of October—their lowest level since records began in 2011. The reported inventory decline reflects earlier exports, steady domestic demand and lower-than-expected refinery production, while domestic wholesale prices rose to their highest level since 2018.
Lower inventories and strong domestic prices may lead Chinese refiners to limit exports, reducing diesel availability in overseas markets. That tighter export supply could support diesel prices, although the November shipment figure remains a forecast.
polandinsight.comPoland Insight Editorial TeamNov 8, 2026After 26 past bullish trade events, ULSD / Diesel moved a median -1.9% over 5 sessions (31% higher; middle half -5.6% to +1.6%), and -4.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
