Links to previous press releases are below.
US crude oil stocks continue to tumble
US commercial crude oil inventories decreased by 6.6M bbls w-o-w to 469M bbls during the week ending February 5, falling for the third consecutive week to the lowest level since the week ending March...
Read MoreUSDA Grain Trade Forecast
The US Department of Agriculture (USDA) has made a sharp upgrade to its Chinese corn import forecast for 2020/21 (Oct-Sep), up 6.5 Mt from January’s projection to 24.0 Mt. Chinese demand has been key...
Read MoreIndian Crude Steel Production Climbs
Preliminary data from the Joint Plant Committee (JPC) reveal that Indian crude steel output rose by 0.7 Mt year-on-year in January to 10.0 Mt, the highest level since March 2019, IHS reports. After...
Read MorePort Hedland Iron Ore Exports in January
Port Hedland iron ore exports rose by 1.7 Mt year-on-year to 42.2 Mt in January, data from the Pilbara Ports Authority reveal. Shipments to China and Japan rose by 1.6 Mt and 0.4 Mt, to 35.6 Mt and 1.6 Mt, respectively. Meanwhile, exports to South Korea fell by 0.4 Mt to 3.8 Mt.
US Soya Exports Reach Record High in the 4q20
Combined US exports of soyabean and meal reached 12.1 Mt in December, bringing shipments in the 4q20 to a record quarterly high of 36.9 Mt, data from the US Department of Agriculture show.
Exports...
Read MoreNorth Sea crude oil loadings set to fall to six-month low in March
Exports of the five North Sea crude oil grades which comprise the Dated Brent benchmark are expected to decline by 60K b/d (or 7.4%) m-o-m and 270K b/d (or 26%) y-o-y to 770K b/d in March, according...
Read MoreIce Brent crude breaches $60/ bbl for the first time in over a year
The front month contract price for Ice Brent crude oil increased to over $60/ bbl earlier today, the first time this value has been breached since January 24 2020, Argus reports. Oil prices have continued...
Read MoreUS Coking Coal Exports Reach Nine-Month High
At 3.1 Mt, US coking coal exports (excluding Canada) rose to a nine-month high in December, although were still 0.5 Mt below the year-go level, US trade data show. Despite a stronger end to the year,...
Read More