China’s gasoline exports in February fell to a three-year low, a sharper decline than analysts had expected, latest data from General Administration of Customs showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Exports to Singapore, the traditional top destination for China’s gasoline, sank 66.5% from 1.14 million mt in January to just 383,000 mt last month. It was also down 38.5% year on year. The February gasoline exports were well below market expectations. Two Beijing-based analysts and two traders in Singapore had earlier said they expected exports to be around the normal level of 1 million mt in the month. China’s exports to Malaysia also dropped 69.6% month on month to 530,000 mt in February. Asian trading hubs of Singapore and Malaysia remained the top destinations for Chinese gasoline — both took 84.6% of the total outflows from China amounting to 1.75 […]