- — India’s long-term appetite for Russian crude intact despite recent slowdown
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at 12/6/23 3:00pmIndias insatiable appetite for Russian crude has suddenly slowed due to a rise in Middle Eastern flows, widespread refinery maintenances and increased scrutiny on ships carrying Russian oil, but inflows are likely to bounce back in coming months and help the largest non-OPEC exporter maintain its position as the countrys top supplier in the foreseeable ...- — Taiwan’s CPC Corp issues first spot gasoil sale tender in 5 months
- at 12/6/23 3:00pmTaiwans CPC Corp has offered a spot gasoil cargo for loading in January next year via a tender, official documents on the companys website showed, the first such move in five months. The state-owned refiner plans to sell at least one 300,000-barrel cargo for Jan. 1-20 loading, the document showed. Bids have to be submitted ...
- — Ukraine grain exports down at 13.7 mln T so far in 2023/24 – ministry
- at 12/6/23 3:00pmUkraines grain exports have fallen to around 13.7 million metric tons so far in the 2023/24 July-June marketing season, agriculture ministry data showed on Wednesday. The ministry said that by Dec. 9 last year, Ukraine had exported almost 19 million tons of grain. Ukraine exported 3.86 million tons of grain in November, including 1.3 million ...
- — Algeria bought about 450,000 T to 500,000 T durum wheat in tender
- at 12/6/23 3:00pmAlgeria’s state grains agency OAIC is believed to have purchased around 450,000 to 500,000 metric tons durum wheat in a tender which closed on Tuesday, European traders said on Wednesday. Traders had reported the purchase on Tuesday evening but had not been able to estimate the volume bought. Trader price estimates early on Wednesday were ...
- — South Korea’s NOFI buys 55,000 T to 68,000 T metric tons corn in tender
- at 12/6/23 3:00pmLeading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) bought an estimated 55,000 to 68,000 metric tons of animal feed corn in an international tender on Wednesday, European traders said. The tonnage supplied can be varied according to the origin selected by the seller. It was bought partly at the estimated outright price of ...
- — Philippines’ First Gen seeks LNG cargo for Jan-Feb 2024 delivery
- at 12/6/23 3:00pmPhilippine power producer First Gen Corp FGEN.PS has issued a tender seeking a cargo of liquefied natural gas (LNG) for its gas-fired power plants in Batangas province. The company is seeking its third LNG cargo on a delivered-ex-ship (DES) basis to be delivered between Jan. 22 and Feb. 2, it said in a statement on ...
- — South Korea’s MFG buys 50,000 metric tons soymeal -traders
- at 12/6/23 3:00pmSouth Korea’s Major Feedmill Group (MFG) purchased an estimated 50,000 metric tons of soymeal in a private deal without an international tender being issued, European traders said on Wednesday. It was said to have been purchased from trading house Cofco and was expected to be sourced from South America, but with the option to supply ...
- — European LNG delivered imports for Dec start strong at 1.39 mil mt
- at 12/6/23 7:00amDelivered imports of LNG to Europe for December to date have kicked off at a robust 1.39 million mt, according to data from SP Global Commodity Insights on Dec. 4. Volumes this month are already starting at elevated levels after a strong month of imports in November of around 11.04 million mt, the highest since ...
- — Oman’s oil exports drop 5% in 2023 as production declines
- at 12/6/23 7:00amOman’s oil exports saw a nearly five per cent year-on-year decline in the first 10 months of 2023, primarily due to a significant drop in shipments to India and South Korea. The sultanate’s total oil exports decreased 4.9% to 256.3mn barrels during the first 10 months of 2023, compared to 269.4mn barrels recorded in the ...
- — Taiwan’s FPCC starts January 2024 spot gasoil sale discussions – sources
- at 12/6/23 7:00amTaiwans Formosa Petrochemical Corp (FPCC) 6505.TW has kick-started spot sales activities for gasoil loading in January next year, three sources familiar with the matter said on Tuesday. The sources declined to be named as they are not authorised to speak with media. The refiner is offering at least one 300,000-barrel cargo of 500 ppm sulphur ...
- — Norwegian gas supplies to Europe, UK surge to 10-month high in November
- at 12/6/23 7:00amNorways pipeline gas exports to Continental Europe and the UK rose to a 10-month high in November, with supplies now running consistently close to capacity, an analysis of SP Global Commodity Insights data showed Dec. 5. Total deliveries in November amounted to 9.85 Bcm up 6% year on year and 8% month on month ...
- — Uncertain global economic recovery looms over copper
- at 12/6/23 7:00amChina’s recovery is still uncertain China was anticipated to be a bright spot for copper demand after last year’s Covid lockdowns ended. Despite efforts from Beijing to stimulate the economy, China’s economic recovery has mostly disappointed this year. That lacklustre recovery has weighed on copper. LME prices are now down around 11% from the year-to-date ...
- — Black Sea’s CPC Blend oil export fell 30% behind plan in November
- at 12/6/23 3:00amOil exports via Black Seas Caspian Pipeline Consortium (CPC) fell to 4.1 million metric tons in November from 5.4 million tons in an initial plan, two sources familiar with the ports operations said. Oil loadings from the CPC terminal were suspended several times last month as a severe storm delayed loadings and Kazakhstans oil output ...
- — China makes largest U.S. wheat purchase in years
- at 12/6/23 3:00amChina booked its largest purchase of U.S. wheat since at least 2020, buying 440,000 metric tons of the grain, the U.S. Department of Agriculture confirmed. The sale comes after Chinas 2023 wheat crop suffered quality issues after heavy rain hit key growing areas just ahead of the harvest, analysts said. The sales also provide a ...
- — South Korea’s KFA tenders to buy up to 68,000 metric tons corn
- at 12/5/23 3:00pmThe Korea Feed Association (KFA) has issued an international tender to purchase up to 68,000 metric tons of animal feed corn to be sourced from optional origins excluding Europe and the Black Sea region, European traders said on Tuesday. The tender closes on Tuesday, Dec. 5, they said. One consignment was sought for arrival in ...
- — Bangladesh issues new tender to buy 50,000 T wheat
- at 12/5/23 3:00pmBangladeshs state grains buyer has issued another international tender to purchase 50,000 metric tons of milling wheat, European traders said on Monday. The deadline for submission of price offers is Dec. 19, they said. Bangladesh previously issued a tender for 50,000 tons of wheat closing on Dec. 12. Price offers in both tenders are sought ...
- — Japan seeks 132,504 metric tons of food wheat via tender
- at 12/5/23 3:00pmJapans Ministry of Agriculture, Forestry and Fisheries (MAFF) is looking to buy a total of 132,504 metric tons of food-quality wheat from the United States, Canada and Australia in a regular tender that will close on Thursday. Japan, the worlds sixth-biggest wheat importer, keeps a tight grip on imports of its second-most important staple after ...
- — Lowest FOB offer at Egypt wheat tender at $250/T -traders
- at 12/5/23 3:00pmThe lowest free-on-board offer presented at an Egyptian state purchasing tender for wheat on Tuesday was $250 a metric ton, traders said. Several offers were submitted at that price point. Egypts state grains buyer, the General Authority for Supply Commodities, is seeking wheat in an international tender for shipment Jan. 5-15 and/or Jan. 16-25 and/or ...
- — Russia’s 2023 LNG exports to Asia via Northern Sea Route unchanged from last year – Kommersant
- at 12/5/23 3:00pmExports of Russian liquefied natural gas (LNG) along the eastern sector of the Northern Sea Route remained at the same level as last year in the 2023 navigation season, Kommersant newspaper reported on Tuesday, citing data from Kpler. Russias largest LNG producer Novatek NVTK.MM shipped a total of 31 LNG cargoes, or 2.27 million tons, ...
- — Ukraine grain exports down at 13.4 mln T so far in 2023/24 – ministry
- at 12/5/23 7:00amUkraines grain exports have fallen to around 13.4 million metric tons so far in the 2023/24 July-June marketing season, agriculture ministry data showed. The ministry said that by Dec. 5 last year, Ukraine had exported 18.3 million tons of grain. Ukraine exported 3.86 million tons of grain in November, including 1.3 million tons of wheat ...
- — India’s Nov palm oil imports jump 22% on lower prices-dealers
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at 12/5/23 3:00amIndias palm oil imports in November jumped more thana fifth from the previous month as refiners favoured the tropical oil due tosteep discounts compared with rival soyoil and sunflower oil, five dealers told Reuters on Monday. Higher purchases by the worlds biggest importer of vegetable oils could help lower palm oil stocks in top producers ...
As of 12/6/23 8:21pm. Last new 12/6/23 4:24pm.
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