MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI: NORWAY NOV CPI +0.3% M/M, +2.4% 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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Pakistan in Talks for Further LNG Cargoes

LNG

Pakistan’s government has begun talks to secure at least one LNG cargo per month from December to meet fuel demand, Pakistan’s Junior Petroleum minister Musadik Malik said.

  • The planned cargoes will be in addition of Pakistan’s existing LNG contracts.
  • Pakistan has been facing significant problems to secure sufficient gas supplies for this winter, amid high prices for LNG and a strong US dollar.
  • In October, Pakistan held talks with Russia for potential LNG supplies.
  • Last week an official from the petroleum ministry told parliament that Pakistan has no other option but to ration natural gas supply this winter, with gas provided three times a day for cooking to households,
  • Surging coal and LNG prices in April left the country with having to cut power to households and industries.
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