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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.
OIL PRODUCTS
Asian gasoline imports diverged from the seasonal path in September and are, in spite of a m-o-m increase, at a seasonal low so far in October.
- Global naphtha imports have been below the 6-year average throughout the year, but the shortfall has widened notably over the last three months, with Sep/Oct imports averaging at a year-to-date low of just above 2.8mbd according to Vortexa.
- Naphtha is suffering from weak petrochemical activity and the replacement by cheaper LPG, both in Europe and Northeast Asia.
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.
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