Links to previous press releases are below.
Black Sea Grain Deal Extended
On 17 May the Black Sea grain deal was announced to be extended for a further two months to 18 July and confirmed by Russia, Ukraine and the UN, newswires report. In the market year to date (July-April),...
Read MorePort Hedland Iron Ore Throughput
In April, iron ore throughput at Port Hedland declined 2.5 Mt year-on-year to 43.3 Mt, port authority data show. Shipments to China fell 3.9 Mt to 35.5 Mt however, exports to Japan increased 0.7...
Read MoreSingapore’s crude imports rise in April
Singapore’s crude oil imports rose by 30K b/d m-o-m and 70K b/d y-o-y to 860K b/d in April, according to data released by Enterprise Singapore. Shipments from North America rose by 70K b/d m-o-m to...
Read MoreIEA lifts global oil demand forecast for 2023
In its latest Monthly Oil Market Report (MOMR), the International Energy Agency (IEA) is forecasting global oil demand to increase by 2.21M b/d y-o-y to 102.01M b/d in 2023, an upward revision of 200K...
Read MoreChinese Electricity Production
Chinese electricity production rose 6.1% year-on-year to 6,584 billion kWh in April, official data show. This included a 25.9% fall in hydropower generation to 684 bn kWh while thermal power generation climbed 11.5% to 4,494 billion kWh.
Chinese Crude Steel Production
In April, Chinese crude steel production declined 1.5% year-on-year to 92.6 Mt, China’s National Bureau of Statistics data show. Nevertheless, in the January-April period, crude steel output climbed...
Read MoreUSDA Grain Export Forecast
In the 2023/24 (Jul-Jun) market year, the US Department of Agriculture raised the EU wheat export forecast 3.5 Mt year-on-year to 38.5 Mt. Meanwhile, EU wheat import projections were cut by the same...
Read MoreAustralia’s diesel imports reach six-month high in March
Australia’s diesel imports increased by 50K b/d m-o-m and 140K b/d y-o-y to 570K b/d in March, rising for the second month in a row to the highest level since September, according to Australia's Petroleum...
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