UPDATE 2-China cuts Sept gasoline exports by 70 pct

Newswire

(Recasts, adds China's gasoline exports) By Felicia Loo SINGAPORE, Aug 26 (Reuters) - China is set to slash gasoline exports by 70 percent to 130,000 tonnes next month, its lowest in 20 months, as refiners bow to pressure to ease a domestic shortage amid peak summer demand, trade sources said on Friday. If the forecast holds, September exports of under 40,000 barrels per day (bpd) will be a sharp reversal from this year's booming shipments, reinvigorating lacklustre implied demand data ...

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