MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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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Kazakhstan Turns to Rail to Move Crude in October

OIL

Kazakhstan’s Tengizchevroil is to utlise rail transport to move 200,000 tonnes of oil to Georgia’s Batumi port in October to try and alleviate export strain caused by CPC mooring maintenance.

  • The Black Sea loading point is Kazakhstan’s main entry point to global markets. Two out of three moorings have been shut since last month.
  • CPC Blend crude oil exports were set at 3.85 million tonnes for October, down from 4 million tonnes in the revised September plan, and still well below normal levels.
Energy BulletsCommodities
Energy BulletsCommodities

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