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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.
OIL PRODUCTS
China’s refined oil exports totalled 4.55m mt in March, up 58.28% on the month, according to OilChem, citing GACC data.
- This is a rise of 37% compared to March 2023.
- By product type, exports consisted of 1.15m mt of gasoline, 1.42m mt of gasoil, and 1.98m mt of jet fuel.
- Exports have risen primarily due to weaker domestic demand and moderate export profits.
- Domestic gasoil consumption weakened in March as travel demand fell following the end of the New Year holiday in February.
- Improved export profits also helped to boost gasoline exports.
- Exports of jet fuel continued momentum amid a continued recovery in the aviation market.
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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