CANADA JULY CPI +2.5% YOY, SLOWEST SINCE MARCH 2021

MNI China Daily Summary: Tuesday, Aug 20

China Repo Rates Rise On Tuesday

MNI: PBOC Net Drains CNY236.6 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Lower At 7.1325 Tues; +2.12% Y/Y

MNI: US REDBOOK: AUG STORE SALES +4.8% V YR AGO MO

MNI: US AUG PHILADELPHIA FED NONMFG INDEX -25.1

MNI: CANADA JUL CPI INFLATION +0.4% M/M, +2.5% YY

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Algeria-EU LNG Flows Boosted by Lower Spot Prices: Platts

LNG

Weaker spot LNG prices in Europe have supported increased buying interest for Algerian LNG cargoes, with traders expecting robust LNG and gas outflows in April, Platts said.

  • Algeria LNG exports have reached 1.1m mt in April to date, already hitting the highest monthly level since 1.15m mt was exported in November.
  • Around 87% of those exports are headed to Europe.
  • Pipeline exports from Algeria to Spain and Italy were up 10% month-on-month for the period April 1-22, totalling 2.2 Bcm. However, this is down 7% on the year.
  • Traders told Platts that weaker spot prices have been boosting buying appetite.
Energy BulletsPower BulletsCommoditiesCEEMEA
Energy BulletsPower BulletsCommoditiesCEEMEA

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.