Iron ore slumps to three-week low on weak China demand, strong global supply

Iron ore futures prices slumped to a nearly three-week low on Wednesday, undermined by weak seasonal demand from top consumer China and mounting global supply. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade nearly 2.7% lower at 805 yuan...

https://www.hellenicshippingnews.com/iron-ore-slumps-to-three-week-low-on-weak-china-demand-strong-global-supply/

Some Japanese buyers agree to pay Q3 aluminium premium of $172/T, up 16%-19% from Q2

Some Japanese aluminium buyers have agreed to pay two global producers a premium of $172 per metric ton over the benchmark price for shipments in July to September, up 16%-19% from the previous quarter, four sources involved in the pricing talks said. The figure is higher than the $145-$148 per ton...

https://www.hellenicshippingnews.com/some-japanese-buyers-agree-to-pay-q3-aluminium-premium-of-172-t-up-16-19-from-q2/

Copper holds in tight range as supply concerns counter weak China demand

London copper was stuck in a tight range on Wednesday as supply concerns countered weak demand from top consumer China and pressure from a firmer dollar. Three-month copper on the London Metal Exchange CMCU3 was little changed at $9,667.50 per metric ton, as of 0554 GMT, after a 1.5% drop on...

https://www.hellenicshippingnews.com/copper-holds-in-tight-range-as-supply-concerns-counter-weak-china-demand/

China to test run biomass, ammonia and carbon capture in coal-fired plants

China plans to test run decarbonization technologies at coal-fired power plants, including co-firing with ammonia and biomass, and carbon capture and storage, to reduce their carbon intensity, the top economic planner National Development and Reform Commission or NDRC said in a statement July 15,...

https://www.hellenicshippingnews.com/china-to-test-run-biomass-ammonia-and-carbon-capture-in-coal-fired-plants/

Russian farmers fight to salvage harvest as major region cuts forecast

Under the sweltering sun and in temperatures of 50 degrees Celsius, farmers in the Rostov region, Russia’s breadbasket, toil to salvage a harvest battered by heatwave, frosts and floods. Accounting for 11% of Russia’s total grain harvest last year, Rostov is one of the key regions that Russia’s...

https://www.hellenicshippingnews.com/russian-farmers-fight-to-salvage-harvest-as-major-region-cuts-forecast/

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