China's fuel export ban to further tighten Asia supply
Airfind news item
By Ruma Paul
Published on March 17, 2026.
China's fuel export ban is expected to further tighten Asia supply, particularly for Australia, Bangladesh, and the Philippines. The ban, which has been limited by quotas, poses a new challenge for remaining Asian exporters who lack spare volumes. This comes as China is Asia's fourth largest exporter of clean fuels after South Korea, India, and Singapore. Thailand has banned most refined fuel exports and South Korea has limited exports to last year's levels and is considering further curbs. Diesel derivative prices in Asia rose to $150 a barrel on March 17 and jet fuel swaps were at $163 a barrel, rising from around $92 before the war.
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