Links to previous press releases are below.
OPEC output falls to ten-year low in February
OPEC oil output dropped 510K b/d m-o-m in February to 27.84M b/d, the lowest level since the financial crisis in 2009, a Reuters survey shows.
The drop in output was caused by the collapse in...
Read MoreBrazilian Soya, Corn Exports Fall
Brazil's soyabean and soyameal shipments inched down by 0.1 Mt apiece from February 2019 to 5.1 Mt and 0.8 Mt, respectively, last month, provisional government (MDIC) data show. However, combined shipments...
Read MoreBrazilian Iron Ore Exports Decline
Brazilian iron ore exports fell by 6.8 Mt year-on-year to 22.1 Mt in February, the second lowest month for seven years, according to provisional economic ministry (MDIC) data. Shipments have posted...
Read MoreUS Crude Production Fell in December
US Crude Production fell to 12.78M b/d in December, down from 12.86M b/d in November, according to the EIA.
It was the first monthly decline since July but production could return to growth...
Read MoreSouth Korea Curbs Coal-Fired Power Output
South Korea will idle up to 28 coal-fired power units in March to curtail pollution, up from 15 plants shut in the winter, IHS reports. The country’s remaining coal operations will run at 80% of capacity.
The country imported 103.0 Mt of steam coal in 2019, down from 109.4 Mt in 2018.
OECD Lowers Economic Outlook Amid Coronavirus Outbreak
Global GDP growth is projected to fall to 2.4% in 2020, with the potential for negative growth in 1q20, according to the OECD. Chinese economic growth is projected at 4.9% in 2020 (-0.8 percentage points...
Read MoreChina’s Manufacturing PMI at Record Low
China’s official manufacturing Purchasing Managers' Index (PMI) plunged to 35.7 in February from 50.0 in January, according to the National Bureau of Statistics (NBS). This is a record low, Reuters...
Read MoreChinese Iron Ore Port Stocks at 5-Month Low
Iron ore inventories at 42 Chinese ports surveyed by U-Metal fell by 2.5 Mt week-on-week to 122.0 Mt on 28 February — the lowest level since September 2019. Stockpiles declined from a recent peak of...
Read MoreCoal Conference Canada 2019
IMO 2020 low sulphur fuel regulations formed a main discussion point in the transportation session at the 2019 Coal Conference Canada from 8-10 October in Vancouver. Derek Langston of SSY Consultancy...
Read MoreIndian Coal Markets 2019
Derek Langston, Head of Research at SSY, outlined the potential impact of IMO 2020 low sulphur fuel regulations on India’s coal sector at mjunction’s Indian Coal Markets conference on 16-18 September in Kolkata.
Europe Steel Markets 2019
Derek Langston from SSY Consultancy & Research presented on the prospects for the dry bulk freight market at the Europe Steel Markets 2019 conference in Amsterdam on 27 June organised by Kallanish.
International Iron Ore 2019
Alexis Ellender from SSY Consultancy & Research was a speaker at the International Iron Ore 2019 conference held in Lisbon from 5-7 June. His paper covered the prospects for the dry bulk market...
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