Links to previous press releases are below.
Australia's oil product imports in 1H18 hits half-year record
Australia's oil product imports (comprising diesel, gasoline and jet fuel) in 1H18 rose by 17K b/d y-o-y to 579K b/d, the highest half-yearly level on record, latest data from the country's Department...
Read MoreSteel Price Update
The US domestic price for hot rolled band (HRB) climbed $2 in the three weeks to 15 August, reaching $997/t, although slightly below the $1,006/t high seen in July, according to the latest SteelBenchmarker...
Read MoreTurkey imposes import tariffs on US coal
The Turkish government announced increased import tariffs on coal imported from the US today, according to IHS Markit. Import duties on steam coal rose from 5% to 13.7%, while coking coal tariffs rose from 5% to 10%. Turkey imported 1.1 Mt of (mainly coking) coal from the US in the 1h18.
Latest USDA Grain Trade Projections
The US Department of Agriculture (USDA) increased its 2018/19 (Oct-Sep) US corn export projections by 2.5 Mt from last month to 59.0 Mt, reflecting expectations of reduced competition from Brazil.
EU...
Read MoreOPEC's global oil supply and demand forecasts
In its latest monthly report, OPEC forecast that global demand for its crude will average 33.4M b/d in 2H 2018, which would be 1.08M b/d higher than the organization's production in July of 32.32M b/d...
Read MoreChina’s Refinery Runs Increase in July
China’s crude runs rose by 11.6% year-on-year in July to around 12M b/d, according to data from the National Bureau of Statistics (NBS). However, this was down by more than 100K b/d on the month as...
Read MoreIndonesian coal export strength
Indonesian coal exports in 1H18 rose by 24.0 Mt year-on-year to 209.6 Mt, according to Bank Indonesia. June saw the largest annual increase in the year to date, with exports rising by 7.2 Mt to 35.6 Mt (including lignite).
South Korean coal imports rise
South Korean coal imports rose by 0.7 Mt month-on-month to 12.2 Mt in July, IHS reports. At 14.6 Mt, Jan-Jul coking coal imports were up by 0.15 Mt on the year-ago level. Indonesia and Australia remain...
Read MoreMjunction Indian Steel Markets Conference
John Kearsey of SSY Consultancy & Research presented an outlook for the dry bulk freight market at this event, held in Kolkata on 7-8 June 2018. He explained the reasons for the rise in ocean...
Read MoreTXF Natural Resources and Commodity Finance
Speaking at this year's event, held in Amsterdam on 17-18 May 2018, Simpson Spence Young's Head of Research John Kearsey contrasted the uneven recovery in dry bulk freight markets with the continued downswing in the tanker sector.
Profercy World PKS Forum
Robin Thomas, Business Manager for SSY's Dry Cargo Division, was among the speakers at the conference held in Abu Dhabi on 8-10 May 2018. His paper highlighted the importance of movements in bunker...
Read MoreArgus Marpol Strategy Summit
Held in Houston on 23-25 April 2018, this event included a presentation by SSY's Vivek Srivastava on "The Scrubber Decision For A VLCC - To Fit or Not To Fit?"