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China may trim fuel oil imports amid 2025 tax hike, sources say

Chinas fuel oil imports are expected to drop in early 2025 following a hike in the products import tax from Jan. 1, prompting some sellers to lower prices to boost demand, several trade sources familiar with the matter said.

Posted by Hicham ALAOUI RIZQ on 2025, Jan 08

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Chinas fuel oil imports are expected to drop in early 2025 following a hike in the products import tax from Jan. 1, prompting some sellers to lower prices to boost demand, several trade sources familiar with the matter said.

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