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China has shrunk its imports of American oil and replaced it with Arabic

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rocky
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China has shrunk its imports of American oil and replaced it with Arabic

Post by rocky on Wed 10 Oct 2018, 2:01 pm


China has shrunk its imports of American oil and replaced it with Arabic

15:17 - 10/10/2018
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Information / ... follow - up 
revealed that media sources, about the size of China to reduce its imports of liquefied petroleum gas from America, and is currently trying to replace it with imports from Arab countries under the trade dispute between the two countries. 
"China is about 3.6 million tons of LPG in 2017, which makes America the second largest supplier of fuel used in petrochemicals as well as cooking, transportation and heating," the sources said in remarks carried by the agency. 
"Imports from America have dropped dramatically over 2018, before they stopped completely in late August, when China imposed an additional customs duty of 25 percent on more than 300 US goods, including LPG, in response to charges imposed by America on goods tray".
"The company estimates that imports from America will drop to about 1 million tons in the first eight months of 2018, from 2.1 million tons in the same period last year," said He Yan Yew, an expert at the consulting firm TTI HS Market. Ending / 25


    Current date/time is Tue 18 Dec 2018, 7:05 am