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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.
OIL
CDU capacity utilisation rates at China’s state-owned refineries are expected to rise in the week to Sep. 5 according to OilChem, amid resumed production from Ningxia Petrochem.
- Among independent refineries in China’s Shandong province, CDU capacity utilisation rates are estimated to rise further as Teapots restart and ramp up production.
- CDU capacity utilisation rates at domestic refineries in China averaged 69.82% last week, down 0.51 percentage points on the previous seven-day period. This was due to Jilin Petrochem commencing routine maintenance.
- China’s gasoline demand is projected to continue weakening with the ending summer travel peak and absence of holidays in the near future.
- Gasoil demand is likely to remain flat, despite the start-up of the traditional seasonal high.
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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