China sells 100% of wheat on offer at Jan. 5 state auction – trade centre

China sold 100% of the wheat put up for auction on Jan. 5, or 506,568 tonnes, said a statement from the National Grain Trade Center. The grain, targeted only at millers, came from the 2014 through 2020 crop years and sold at an average price of 2,707 yuan ($424.73) per tonne. Source: Reuters...

https://www.hellenicshippingnews.com/china-sells-100-of-wheat-on-offer-at-jan-5-state-auction-trade-centre/

Canada’s common wheat exports rise 33% on week, durum wheat shipments slump

Canadian common wheat exports rose 32.5% in the week ended Jan. 2, Canadian Grain Commission data released Jan. 9 showed. Exports increased to 263,800 mt from 199,100 mt the week before, according to the data. However, overall common wheat exports for the marketing year 2021-22 (August-July)...

https://www.hellenicshippingnews.com/canadas-common-wheat-exports-rise-33-on-week-durum-wheat-shipments-slump/

Indonesia may allow coal exports to resume Monday or Tuesday – minister

Indonesia may allow coal exports to resume by the end of Monday or Tuesday, as domestic demand has been met, senior minister Luhut Pandjaitan said. “End of today or tomorrow we can release some of the big vessels,” Luhut said in an interview on Monday with CNBC. He said the government was also...

https://www.hellenicshippingnews.com/indonesia-may-allow-coal-exports-to-resume-monday-or-tuesday-minister/

High prices, South America and China steering U.S. soy exports -Braun

With harvest well in the past, demand and particularly exports are now in focus for U.S. soybeans and corn in the current marketing year. Exports are on an OK but not great pace so far, though the forward sales are of top concern for soybeans. With harvest well in the past, demand and particularly...

https://www.hellenicshippingnews.com/high-prices-south-america-and-china-steering-u-s-soy-exports-braun/

How Indonesia, the world’s top thermal coal exporter, hit a supply crunch

Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants. Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in …

The post How Indonesia, the world’s top thermal coal exporter, hit a supply crunch first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/how-indonesia-the-worlds-top-thermal-coal-exporter-hit-a-supply-crunch/

Middle Eastern crudes gain bigger share of independent refineries in 2021

Middle Eastern crude suppliers have gained a bigger market share of China’s independent refiners’ crude feedstock portfolio, accounting for nearly a third of the total in 2021, latest data by S&P Global Platts showed Jan. 7. Crudes from the Middle East — Saudi Arabia, UAE, Oman and Kuwait — emerged...

https://www.hellenicshippingnews.com/middle-eastern-crudes-gain-bigger-share-of-independent-refineries-in-2021/

Brazil Manages To Unload Wheat Imports Amid Tax Collectors’ Protest

Brazil was able to clear two wheat shipments at its key Santos port after a few days of delay caused by a protest by agricultural tax collectors as part of their campaign for higher wages, industry association Abitrigo said on Friday. One of the vessels was unloaded on Jan. 2 but the shipment was...

https://www.hellenicshippingnews.com/brazil-manages-to-unload-wheat-imports-amid-tax-collectors-protest/

United States Poised to be World’s Largest LNG Exporter in 2022 as China Becomes Top LNG Importer

The world’s two largest economies—the United States and Mainland China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG) in 2022, says a new report by IHS Markit, (NYSE: INFO), a world leader in critical information, analytics and solutions. “It is a tale of...

https://www.hellenicshippingnews.com/united-states-poised-to-be-worlds-largest-lng-exporter-in-2022-as-china-becomes-top-lng-importer/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon