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COVID-19 - News digest as of 22.09.2021

September 22/2021

1. Chinese jet fuel exports to rise significantly in September amid domestic COVID-19 travel restrictions

MOSCOW (MRC) -- Chinese jet fuel exports are expected to exceed 1 million mt in September, a level not seen since April 2020 and well above the average monthly 663,000 mt exports over January-August, as the country's latest COVID-19 travel restrictions has severely impacted air travel to and from the southern province of Fujian, multiple industry sources told S&P Global Sept. 21. This is the latest setback to the sustained recovery in the Asian jet fuel market amid rising COVID-19 infections in many countries in the region. Given the surge in the number of COVID-19 cases in Fujian, Chinese authorities have imposed tighter travel restrictions out of Putian, Quanzhou, and Xiamen as of Sept. 14 to contain the virus spread.

2. Ukraine GDP up by 5.7% in Q2 2021 - State Statistics Service

MOSCOW (MRC) -- Ukraine's real gross domestic product (GDP) increased in the second quarter of 2021 by 5.7% year on year,  reported Ukrainian media outlet "Economicheskaya pravda" , citing the State Statistics Service. At the same time, this figure was influenced by the effect of the low comparison base. In Q2 2020, Ukraine's GDP fell by 11.2% during the period of the most stringent quarantine restrictions. At the same time, in Q2 2021, GDP dropped by 0.7% from the first quarter, given the seasonal factor.
Author:Margaret Volkova
Tags:crude and gaz condensate, medicine, petrochemistry, COVID-19, China, Ukraine.
Category:General News
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