Links to previous press releases are below.
Brazil’s Crude Exports Fall in January
Brazil’s crude exports dropped over 1M b/d m-o-m in January to 1.02M b/d, down from the record high of 2.06M b/d hit in December, according to MDIC data. Levels were down 163K b/d on the year and 215K b/d lower than the 2019 average.
Chinese Industrial Profits Fall 3.3% in 2019
Profits at Chinese industrial firms dropped by 3.3% annually to 6,199.6 billion yuan in 2019, according to the National Bureau of Statistics. The decline featured drops in the motor vehicle manufacturing sector (-10.9%) and the ferrous metal smelting and rolling processing sector (-25.6%).