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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.
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Free AccessChina Diesel Stocks to Fall Further in October
China’s diesel stockpiles have dropped to a “low level” with some supply tightness according OilChem.
- Inventories could decrease by 0.4m tons to 16.14m tons in October from 16.54m tons at the end of September and 17.7m tons in August.
- Diesel demand is expected to rise 0.95m tons to 19.6m tons on increased agricultural, infrastructure and mining activities.
- Major refiners such as by PetroChina and Sinopec have increased diesel yields with runs rates at 76%.
- China can export 1.47m tons of diesel in October if available after domestic supplies.
To read the full story
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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.