MNI China Daily Summary: Monday, April 15

MNI: China CFETS Yuan Index Up 0.22% In Week of Apr 12

MNI: PBOC Sets Yuan Parity Higher At 7.0979 Mon; -4.90% Y/Y

MNI China Press Digest April 15: A-Shares, Exports, Property

MNI: PBOC Conducts CNY100 Bln MLF Mon; Rates Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: EUROZONE FEB IP +0.8% M/M, -6.4% Y/Y

IP M/M Improvement Broadbased Although Y/Y Remains Weak

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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January Urals Ship-to-Ship Transfers at Record High in Med

OIL

Ship-to-ship (STS) loadings of Russian Urals crude in the Mediterranean hit a record high in January according to Refinitiv.

  • STS volumes in the Mediterranean for deliveries to Asia jumped eight-fold in January from December to a record-high of 1.7 million tonnes.
  • 1 million tonnes of Urals blend were loaded via STS operations in January near the Spanish port of Ceuta in the Strait of Gibraltar.
  • Around 600,000 tonnes were loaded near the Greek port of Kalamata.
  • All the cargoes were delivered to Asia, mainly to India, where at least 800,000 tonnes of Urals were expected to arrive from January’s operations.
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