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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.
REFINING
CDU utilization rates at Chinese independent refinery in Shandong Province were at 53.56% in the week to 28 March, down from a 22-month low the week prior, with rates expected to remain low in the coming weeks according to OilChem.
- CDU rates at Teapots in Shandong hit the lowest in 22 months in the week ending 21 March at 53.2% due to narrowing refinery margins.
- Rates at Teapots in Shandong are likely to remain low in the short term as several refineries will begin seasonal maintenance in late April.
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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