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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.
OIL PRODUCTS
Chinese clean product exports:
- Chinese refiners have exported nearly 34mt of clean fuel in 2022, with monthly exports surging to an all-time high to 6.8mt in December according to Vortexa. Exports were prompted by an unusual batch of export quotas in late September in part to spur economic activity in the refining sector.
- If the refiners continue to utilise the remaining 2022 quotas in Q1 this year, China’s product exports are likely to continue doubling year-on-year in the coming months.
- Vortexa expects the subsequent export quotas to reduce as demand recovers from Q2 as the country recovers from lockdown restrictions.
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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