RECENT NEWS
Asia Distillates-Thin spot activity prevails; January negotiations awaited
Asia’s middle distillates markets remained thinly discussed on the spot front as January negotiations were yet to go into full swing, with traders keeping a close eye on China export availability and demand in the West. Supply movements will hinge on demand...
Iron ore set for weekly loss as Chinese steelmakers’ holiday restocking ebbs
Iron ore futures prices slid and headedfor a weekly loss on Friday, as the wave of restocking for seaborne cargoes from steelmakers in top consumer China receded and high portside stocks as well as falling steel margins weighed. The most-traded January iron ore...
US diesel exports to ARA set to rise on scarce European supply, firm US production
Diesel shipments from the U.S. Gulf Coast to Europe’s main trading and refining hub, the Amsterdam-Rotterdam-Antwerp (ARA) region, are set to rise owing to improving export margins on the back of scarce supply in Europe and rising U.S. refinery production, according...
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15 NOV 2024 Issue
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