CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI: CANADA JUN INDUSTRIAL PRICES +0.0% MOM; EX-ENERGY +0.1%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Daily China Oil Summary: Export Quotas Poised for Release

OIL

The third batch of Chinese export quotas for refined products, estimate to total 12m mt, are to be released soon, according to OilChem.

  • China’s refined fuel demand in H2 2023 is expected to increase by 10% compared to H2 2022, the President of PetroChina Huang Yongzhang said on Thursday.
  • China’s manufacturing activity remains weak in August – contracting for a fifth consecutive month and adding to fears around a slow recovery.
  • The official purchasing managers' index rose to 49.7 from 49.3 in July, the National Bureau of Statistics said on Thursday.
  • China’s July crude imports were the weakest since January.
  • CDU capacity utilisation across China’s independent refineries averaged 63.14% in the week to Aug. 31, and 50.6% among independent refineries in China’s Shandong region.
  • China’s air passenger traffic hit a record high in July with the total trips made reaching 62.4 million, data from the Civil Aviation Administration of China showed. However, international air passenger traffic remained 51% below 2019 levels.
  • YUAN: The currency strengthened to 7.2904 against the dollar from 7.2925 on Wednesday.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.