Free Trial
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
Chinese refiners may continue to boost exports in October, as the remaining quotas for Q4 are estimated at above 10mt according to Vortexa.
- Some refiners may still be allowed to convert some remaining export quotas for LSFO to CPP quotas it added.
- Vortexa estimates that China’s middle distillate exports will remain above 2mt/month in Q4, compared to around 1mt/month in Q2, but well below below the pace of 3.5mt/month averaged in Q4 last year.
- Chinese product exports picked up in Q3, helped by recovering export margins.
- After earlier suggestion of a fourth batch of oil product export quotas, a number of market sources have recently reported this is not looking likely.
source: Vortexa
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok