Commodity Market Report
Mexico product markets long-term outlook H2 2018
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Report summary
Demand remained capped by higher prices in 2017, but the deficit of refined products in Mexico grew to the highest level on record. The combination of natural disasters and extended maintenance contributes to a 45% capacity utilisation, that is expected to remain week trough 2018. With this growing deficit, Mexico will continue to rely on imports, primarily from the US Gulf Coast.
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