India has no immediate plans to lift a ban on wheat exports, but will continue with deals which are done directly with other governments, Commerce Minister Piyush Goyal told Reuters. The world’s second biggest producer of wheat banned private overseas sales of the grain on May 14 after a scorching...
Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions at ports and reduced production from some of its Western Australian mines. Mine depletion in its Yandicoogina mine in Western Australia contributed to the fall in...
Ukraine’s grain exports in the 2023/24 July-June marketing season have fallen to almost 38 million metric tons as of April 15 from 39.7 million as of April 17 a year earlier, agriculture ministry data showed on Wednesday. Exports so far this season have included 14.8 million tons of wheat, 20.7...
https://www.hellenicshippingnews.com/ukraine-grain-exports-at-38-mln-t-so-far-in-2023-24/
The trading arm for Abu Dhabi National Oil Co (ADNOC) has snapped up several June-loading cargoes of Abu Dhabi’s Upper Zakum crude in the spot market, tightening Middle East supply, trade sources said on Wednesday. ADNOC Trading has bought at least four cargoes of the medium-high sulphur crude from...
Ukraine’s grain exports through Constanta fell by 35.1% on the year to 2.16 million metric tons in the first quarter, its port authority told Reuters on Tuesday, although overall grain exports via the Romanian Black Sea port were up by almost 28%. Constanta has become Kyiv’s largest alternative...
Russia’s seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed. Russia’s daily offline primary oil refining capacity has jumped...
China, the world’s largest importer of crude oil, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022, according to China customs data. Refiners in China imported record volumes of crude oil in 2023 to supply the country’s increasing refining capacity in order to...
https://www.hellenicshippingnews.com/china-imported-record-amounts-of-crude-oil-in-2023/
Iron ore has emerged as the surprise in China’s first quarter commodity imports, with arrivals posting strong gains despite the gloom surrounding the key property construction sector. March imports were 100.72 million metric tons, up 3.3% from February’s 97.51 million and just exceeding the 100.23...
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-rise-as-inventories-build-russel/
European jet fuel inflows are expected to stay largely unchanged on the month at 1.5 million mt in April, showed data from S&P Global Commodities at Sea April 12. The sustained inflows come as cargoes rerouted around the Cape of Good Hope amid persisting tensions in the Red Sea arrive in Europe...
China’s coal imports were nearly flat in March year-on-year, customs data showed, as weak demand and falling domestic prices weighed on international shipments. Arrivals of coal in China, the world’s biggest consumer of the fuel, totalled 41.38 million metric tons in March, up less than 1% from...
https://www.hellenicshippingnews.com/chinas-march-coal-imports-nearly-flat-up-14-in-q1/