*China Only Fulfilled 5% of Promised US Energy Purchases Under the terms of the China-US trade deal agreed last year China agreed to purchase some $25.3 billion worth of American oil products. Halfway through 2020 and they have only completed 5% of that target as the relationship between the two countries sours. China imported only …
Category archives: News
DCE rallies again over supply concerns
Iron ore futures continued to rally for second consecutive day since the start of week over supply concerns. The most-traded iron ore for September delivery on China’s Dalian Commodity Exchange went up by 3.31% or RMB 28.50 day-on-day to RMB 890 per tonne on Tuesday. The steel rebar contract on the Shanghai Futures Exchange then …
Steel & Scrap Morning Report
Fertilizer Financial Markets Commentary/Curves
London Iron Ore Market Report
Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
FIS LONDON COKING COAL MARKET REPORT
Fuel Oil Daily Evening Report
Oil Through the Looking Glass 3/8/20
*Asian Fuel Oil Market News It is expected that the strong sentiment in the physical is to continue for VLSFO with lower arbitrage cargoes coming into Singapore. Imports for August are estimated to be 1.5 – 2 million tonnes, down from 2 – 2.5 million tonnes in July. This is also being driven by lower …