Spain’s natural gas imports rose 27% in July compared with the same month a year ago, government data showed on Thursday. Spain imported the equivalent of 36,606 gigawatt-hours (GWh) of natural gas in July, Cores, an arm of the Energy and Environment Ministry, said. LNG shipments doubled and...
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China August copper imports up on year amid lower prices, stocks
China imported 26% more copper in August than a year earlier, customs data on Wednesday showed, as lowered prices and stocks amid power rationing enhanced the appetite for foreign supply. Unwrought copper and copper product imports into China – including anode, refined, alloy and semi-finished...
Centre may revise steel export duties
The government may soon revise levies on steel exports, cutting them on some products and withdrawing the tax on others, two people aware of discussions said. The revision to the taxes imposed on 22 May is being considered to allow the steel industry to tap overseas markets amid declining domestic...
https://www.hellenicshippingnews.com/centre-may-revise-steel-export-duties/
China’s August iron ore imports rise 5.5% from prior month -customs
China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved. The world’s top iron ore consumer brought in 96.21 million tonnes of the steelmaking raw material last month, up from July’s...
Argentina’s Soy Sales Tick up in Last Week of August
Argentine soybean farmers registered 268,000 tonnes of sales during the last week of August, according to agriculture ministry data released on Tuesday, as the country expects the pace of sales to increase as new incentives kick in. The Aug. 25-31 soy sales boosted the proportion of the 2021/2022...
https://www.hellenicshippingnews.com/argentinas-soy-sales-tick-up-in-last-week-of-august/
UAE meets 42% of Japan’s crude oil needs in July
The UAE secured 42 percent of Japan’s crude oil needs in July, which is equal to 33.99 million barrels, according to the Agency for Natural Resources and Energy in Tokyo. The agency, part of the Japanese Ministry of Economy, Trade and Industry, stated that the amount of crude that Japan imported...
https://www.hellenicshippingnews.com/uae-meets-42-of-japans-crude-oil-needs-in-july/
Russia questions U.N.-brokered grain, fertilizer export deal
Russia questioned a U.N.-brokered deal with Ukraine to boost grain and fertilizer exports by both countries, accusing Western states of failing to honor pledges to help facilitate Moscow’s shipments. Russia and Ukraine are both key suppliers of food and fertilizer, but Moscow’s Feb. 24 invasion of...
https://www.hellenicshippingnews.com/russia-questions-u-n-brokered-grain-fertilizer-export-deal/
Australia to maintain coal and gas exports: PM
Australian Prime Minister Anthony Albanese has assured the resources industry that the country will remain a major exporter of fossil fuels under his leadership. In a speech to the Australian Minerals Industry Parliamentary dinner on Monday night, Albanese said the federal government would work...
https://www.hellenicshippingnews.com/australia-to-maintain-coal-and-gas-exports-pm/
Egypt seeking to replace detained Ukraine wheat cargo, sources say
Egypt has been negotiating to replace a detained Ukrainian wheat shipment, two people with knowledge of the matter said, after talks to release the vessel carrying it proved unfruitful. The cargo of about 60,000 tonnes of Ukrainian wheat is currently aboard a ship called Emmakris III which was...
Australia eyes record farm export earnings from bumper wheat harvests
Australian farmers are expected to earn a record amount from agriculture exports this financial year, the country’s chief commodity forecaster said on Tuesday, as it raised its estimate on the back of favourable weather and high global prices. The Australian Bureau of Agricultural and Resource...