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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Russia's NORSI Refinery Restarting CDU-6

REFINING

Lukoil’s drone damaged NORSI refinery in Russia has restarted a key piece of processing equipment according to Reuters sources Wednesday.

  • They said the CDU-6 crude distillation unit - halted on March 12 - resumed processing on June 22.
  • One of the sources said the unit was running at around 60% of capacity, processing about 15,800 tons per day.
  • NORSI processed 22,000 tons of oil per day on average when CDU-6 was offline. In February it processed around 42,250 tons per day on average.
  • The NORSI refinery has a capacity of 340,000 bpd and produces around 11% of Russian gasoline, a market that has been tight and led to export bans.
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