- China to ramp up crude oil and agricultural product purchases from the US.
- These purchases are done to comply with Phase 1 of the trade deal.
- LNG prices rise on uncertainties in the Gorgon LNG supply.
- Seaborne iron ore prices hit a 6-year high.
- Demand fundamentals weigh down Indonesian thermal coal prices.
- September contract talks for paraxylene and benzene set to kick-off.
- Long Range tanker freight rates inch closer to three-month highs
According to an article published in Platts and authored...
https://mfame.guru/china-increases-u-s-crude-purchases-to-comply-with-trade-deal/