China’s metallurgical coal supply and demand during the 14th Five Year Plan period (2021-25) is expected to remain balanced, on the back of higher steel scrap usage expectations that could eat into coking coal demand, sources said this week. The National Development and Reform Commission sees...
Soft wheat exports from the European Union in the 2021/22 season that started in July had reached 6.53 million tonnes by Sept. 19, data published by the European Commission showed on Tuesday. That was up from 4.58 million tonnes by the same week in 2020/21, the data showed. EU 2021/22 barley...
Indian mills are holding off on signing new sugar export contracts for the upcoming season as a rally in domestic prices to a 4-year high widened the gap between local and global rates, industry officials told Reuters. “Mills are not signing export contracts, as they are getting far higher prices...
Bangladesh has reversed its decision to skirt the expensive spot LNG market following a surge in demand for natural gas in industries and power plants, and signs of energy shortages that are forcing its importers to procure gas at record high prices. The South Asian country’s response underscored...
Russia is expected to increasing its Urals oil exports via Baltic Sea ports in October-December due to likely higher output and a seasonal decline in domestic output of oil products, a schedule and Reuters calculations showed on Tuesday. Overall Russian oil exports are expected to rise by 2.1% in...
https://www.hellenicshippingnews.com/russia-expected-to-raise-oil-exports-via-baltics-in-q4/
India’s crude oil imports rose to a four-month high in August, recovering from the near one-year low in July, with refiners buying incremental barrels mainly from Latin America and the United States, tanker data from trade sources showed. The world’s third-biggest oil importer and consumer bought...
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 …
The post Chinese jet fuel exports to stay robust H2 Sep-Oct amid domestic COVID-19 travel restrictions first appeared on Hellenic Shipping News Worldwide
Japan’s Ministry of Agriculture sought 113,067 tonnes of food-quality wheat from the United States and Canada in a regular tender. Japan, the world’s sixth-biggest wheat importer, keeps a tight grip on imports of the country’s second-most important staple after rice and buys the majority of its...
https://www.hellenicshippingnews.com/japan-seeks-113067-tonnes-of-food-wheat-via-tender/
Norway agreed on Monday to increase natural gas exports to the rest of Europe as record high wholesale natural gas prices prompted suppliers in Britain to seek state support and raised fears of a food supply crunch. Wholesale gas prices have soared in recent months as economies reopened from...
https://www.hellenicshippingnews.com/norway-promises-europe-more-gas-as-prices-soar/
German crude oil import volumes fell 7.9% in the first seven months of 2021 year-on-year as the COVID-19 pandemic and related lockdowns hit industry, but the bill was up by nearly a third due to higher prices, official data showed on Monday. Oil volumes in January through July fell to 44.9 million...
https://www.hellenicshippingnews.com/germanys-jan-july-oil-imports-fall-7-9-bill-rises-29-7/