Links to previous press releases are below.
US Weekly Grain Exports
Declining 0.5 Mt to 2.3 Mt in the week to 18 May, US weekly exports of corn, wheat, soyabean and sorghum combined fell year-on-year for the sixteenth consecutive week, USDA data show. Corn exports declined 0.3 Mt to 1.5 Mt, while soyabean shipments fell 0.2 Mt to 0.3 Mt.
India’s crude imports ease in April
India’s crude oil imports declined by 50K b/d m-o-m and 440K b/d y-o-y to 4.85M b/d in April, a three-month low, data from the Petroleum Planning and Analysis Cell (PPAC) shows. Clean oil product exports...Read More
HRB Steel Prices Decline
The Chinese domestic hot rolled band (HRB) price fell to lowest level since November at $458/t on 22 May, down $17/t over the preceding two weeks, according to World Steel Dynamics. Similarly, The Western European and US HRB prices fell $61/t and $24/t to a respective $820/t and $1,170/t.
Singapore’s fuel oil stocks tumble to nine-month low
Singapore’s fuel oil inventories declined by 1.69M bbls w-o-w and 5.39M bbls y-o-y to 17.49M bbls during the week ending 24 May, the lowest level since August, according to Reuters citing Enterprise...Read More
US gasoline inventories fall to six-month low
Total US gasoline inventories declined by 2.1M bbls w-o-w and 3.4M bbls y-o-y to 216.3M bbls during the week ending 19 May, falling for the third consecutive week to the lowest level since November,...Read More
Chinese Iron Ore Imports by Source
Chinese iron ore imports from Australia rose 3.7 Mt year-on-year to 60.6 Mt in April, contributing to shipments 14.4 Mt higher in January-April at 246.7 Mt, customs data show. Imports from India also...Read More
China’s clean oil product exports fall to nine-month low
China’s clean oil product exports declined by 231K b/d m-o-m and 54K b/d y-o-y to 600K b/d in April, falling for the fourth consecutive month to the lowest level since July, according to China customs...Read More
April World Crude Steel Production
World crude steel production declined 2.4% year-on-year to 161.4 Mt in April, according to World Steel Association data. Although output in Asia fell 1.5% to 120.5 Mt, production in India and South...Read More