News Headlines: Sinopec signs China’s largest long-term LNG contract with U.S. firm (Reuters) China’s Sinopec (600028.SS) has signed a contract with U.S. Venture Global LNG to buy 4 million tonnes of liquefied natural gas (LNG) annually for 20 years. The deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said …
Category archives: Products
Oil Morning Report 4/11/21
NYMEX December WTI settled $3.05 lower at $80.86/b and ICE January Brent declined $2.73 to $81.99/b. EIA week ending 10/29 Crude oil: +3.3M Gasoline: -1.5M Distillates: +2.2M Refiner utilz: 86.3% Impld mogas demand: 9.50Mbpd The crude build was largely in line with recent market expectations. American Petroleum Institute data released late Nov. 2 …
Steel and Scrap Morning Report 4/11/21
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Fertilizers Report 3/11/21
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Iron Ore DCE Jan Daily Technical Review 4/11/21
Verdict – Short-term neutral. DCE iron ore Jan21 refreshed listed low during the last few minutes of night session yesterday. However iron ore strongly recovered this morning. DCE iron ore technically consolidate in a range box of 557.5- 597.0 area, price movement gradually slow down within this area. Hourly MACD indicated a neutral after narrowing …
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Daily Virtual Steel Mill Report 4/11/21
Market Verdict on Iron Ore： · Neutral. Macro · U.S. FOMC meeting decided the market expected to start Taper during an unchanged interest rate by decreasing 15 billion U.S. dollars of T-Bond purchase per month. U.S. federal believed would support economic activities and jobs, at the same time counter against inflation risk. · U.S. ADP …
Supramax and Handy FFA Report 3/11/21
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Cape and Panamax FFA Report 3/11/21
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Evening Oil Report 3/11/21
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Coking Coal Report 3/11/21
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