MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Bangladesh To Re-Enter LNG Spot Market Amid Lower Prices

LNG

Bangladesh is planning to buy 10-12 LNG spot cargoes until June as LNG prices have been easing, a senior official at Petrobangla said.

  • This is a reversal from last year’s decision to halt spot purchases after prices spiked.
  • Rupantarita Prakritik Gas Company last week sought one LNG cargo for delivery in late February. The tender has not yet been awarded but the lowest offer was made at $19.74 by TotalEnergies, a source at RPGCL told Reuters.
  • "We are also trying to secure LNG from long-term partners, but it looks like they are unable to provide this year," the source said.
  • JKM Mar 23 down -2.4% at 19.03$/mmbtu
  • JKM-TTF Mar 23 down -0.9$/mmbtu at 0.39$/mmbtu
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