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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.
JET FUEL
- China’s jet fuel production showed an annual growth of 23.9% in H1 2024, the fastest in history, OilChem said.
- The boost in production was facilitated by the recovery in the civil aviation industry.
- China’s civil aviation industry transported 350m passengers in H1, a year-on-year increase of 23.5%.
- Daily utilisation of civil aviation aircraft was 8.7 hours, an increase of 0.9 hours compared to the same period in 2023.
- China’s jet fuel consumption reached 19.82m mt in H1, up 15.64% on the year. The civil and military engineering sectors were 88% of total consumption.
- Consumption growth outpaced production due to an active export market.
- China’s civil aviation industry is expected to continue its growth in 2024-25, based on China’s current five-year plan.
Source: OilChem
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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