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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.
JET FUEL
As a proxy for jet fuel demand recovery, Vortexa benchmarked import volumes into the world’s top destination markets in 1H 2023 against previous years.
- France’s Le Havre experienced a 10% y-o-y increase in imports during the first half of 2023, although volumes still stand at 94% of 2019 levels. It is a crucial jet redistribution hub in Europe.
- The strong recovery of domestic and international flights at Los Angeles (LAX) and other regional airports lifted jet fuel imports into Los Angeles port by 7% between January-April and drew on PADD 5 inventories.
- Hong Kong has seen the strongest growth in jet fuel imports this year. Imports almost doubled between January-June compared to last year. Despite the increase, import volumes still stand at only 65% of 2019 levels.
source: Vortexa
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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