MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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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.
Energy BulletsCommodities
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