*Power Outage After Hurricane Laura Prevents Return to Normal Operations* An ongoing power outage due to the aftermath of the Hurricane that tore through the Gulf coast has led to disruptions in repairs to a few US oil platforms, with the Westbury site being one. The US Energy Department said that the site sustained considerable …
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Fertilizer Financial Markets Commentary/Curves
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Morning Oil Note 7/9/20
Good morning all. Brent futures fell -1.2% to $42.13 a barrel to lowest levels since July 30 whereas WTI futures were down -1.51% to $39.17 per barrel, lowest since July 10. As the US enjoys Labor Day, parts of the states are preparing to welcome record heatwaves with California grid operators issuing a “stage 2” …
China Demand Creates a Soybean Breakout
Soft commodities, particularly grains, and beans, have seen strong moves in the last 2 weeks on the back of China’s purchasing of U.S agricultural Crops. Typhoons Maysak has brought flooding to parts of China’s North East, their top producing corn and soybean region. This has prompted speculative traders to bet on China continuing to …
London Iron Ore Market Report
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Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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FIS LONDON COKING COAL MARKET REPORT
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Fuel Oil Daily Evening Report
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Medium grade fines come back to the fold
A total of 1.885 million mt of iron ore was exchanged hands for the week ended Sep 4, an increase of 52.37% as compared to the 1.237 million mt recorded last week. Medium grade fines like Pilbara Blend fines (PBF) accounted over half of the transacted trades for this week at 57%, as compared to …