Links to previous press releases are below.
Chinese Iron Ore Imports at an 18-Month Low, Coal and Soyabean Shipments Up
Preliminary Chinese trade data for April show imports of iron ore fell 2.1 Mt year-on-year to an 18-month low of 80.8 Mt, reflecting in part supply tightness from Australia and Brazil, the country’s...
Read MoreChina Crude Imports Rise to Record High in April
China’s crude oil imports in April rose 1.38M b/d m-o-m and 1.04M b/d y-o-y to a record of 10.69M b/d, customs data showed. At 10.08M b/d, average volumes during the first four months of 2019 were up...
Read MoreAustralian Coal Exports in March
Australian exports of all coal types in March rose 2.5 Mt year-on-year to 33.0 Mt, the Australian Bureau of Statistics reports. Shipments of coking coal reached their highest level since December 2016,...
Read MoreVale Brucutu Mine Suspended
On 6 May Vale announced that the Minas Gerais Court of Justice had suspended the previous ruling that had authorized the resumption of mining operations at the Laranjeiras tailings dam and Brucutu mine. Vale has stopped wet processing operations at 30 Mtpa mine.
Nigeria’s Nembe Creek Line Suffers New Closure
The 150K b/d Nembe Creek Trunk Line, one of the two pipelines used to transport crude from the oil producing Niger Delta region to the Bonny terminal, has been shut down for the second time since late...
Read MoreBrazilian Exports in April
Brazilian iron ore exports in April fell to ten-year low of 18.3 Mt, down 7.5 Mt year-on-year, official data show. The significant drop reflects the disruption to Brazilian iron ore supply after the...
Read MoreChina’s Hengyi Refinery Commences Trial Operations
The 175K b/d Hengyi refinery in Brunei owned by China’s Zhejiang Hengyi group has commenced trial operations, Reuters reports citing Xinhua News Agency. The plant is expected to reach full capacity during 3Q19.
Turkey Unable to Replace Iranian Oil Imports in the Near-Term
Turkey will not be able to diversify its oil imports in the near-term after the US ended waivers on purchases from Iran, as existing technology in Turkish refineries must be renewed before utilising...
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