India’s May palm oil imports hit 4-month high on competitive prices

India’s palm oil imports rose by 11.6% in May from the previous month to reach the highest level in four months as its discount over rival oils led to higher purchases, a trade body said in a statement. Higher palm oil purchases by India, the world’s biggest importer of vegetable oils, could...

https://www.hellenicshippingnews.com/indias-may-palm-oil-imports-hit-4-month-high-on-competitive-prices/

South Korean buyers cut Russian naphtha imports amid government probe

Russian naphtha shipments to South Korea have slowed amid a probe by the country into whether fuel from Russia has been mislabelled as supply from places where cargoes have been transshipped, according to trade sources and shipping data. The shift in buying by Asia’s top naphtha buyer, along with a...

https://www.hellenicshippingnews.com/south-korean-buyers-cut-russian-naphtha-imports-amid-government-probe/

Taiwan’s MFIG buys about 65,000 metric tons corn, expected from Brazil

Taiwan’s MFIG purchasing group bought about 65,000 metric tons of animal feed corn expected to be sourced from Brazil in an international tender on Thursday, European traders said. The yellow corn was purchased at an estimated premium of 159.88 U.S. cents a bushel c&f over the Chicago September...

https://www.hellenicshippingnews.com/taiwans-mfig-buys-about-65000-metric-tons-corn-expected-from-brazil/

GAIL India issues LNG tenders for July, August delivery, sources say

GAIL, the country’s biggest gas distributor, has issued two tenders seeking spot liquefied natural gas (LNG) cargoes for delivery in July and August, according to two industry sources on Thursday. One is a swap tender offering LNG cargo on a free-on-board (FOB) basis for loading from the Sabine...

https://www.hellenicshippingnews.com/gail-india-issues-lng-tenders-for-july-august-delivery-sources-say/

Pakistan unlikely to buy spot LNG in summer despite simmering heat

Pakistan is unlikely to buy liquefied natural gas (LNG) cargoes on the spot market until at least the beginning of winter in November due to oversupply and high prices, its petroleum minister told Reuters. Extreme temperatures across Asia have pushed countries to seek more cargoes of LNG to address...

https://www.hellenicshippingnews.com/pakistan-unlikely-to-buy-spot-lng-in-summer-despite-simmering-heat/

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