Cash premiums for fuel oil were rangebound in single-digit premiums in Asia, though a rare trade for 180-cst high sulphur fuel oil (HSFO) emerged on Tuesday. PetroChina sold 20,000 metric tons of 180-cst HSFO to Trafigura on Tuesday, for loading between Jan. 31 and...

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The Baltic Exchange’s dry bulk sea freight index fell on Tuesday to a nearly seven-week low in its worst showing in more than a month, as rates across vessel segments hit multi-week lows. The overall index, which factors in rates for capesize, panamax and supramax...

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Russia has lifted duties linked to the rouble-dollar exchange rate on most coal exports, according to a decree published on the government’s website. The export duties — which were introduced on a number of goods in October and had been expected to last until the end...

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Platts, part of S&P Global Commodity Insights, assessed the first-quarter premium for imported primary aluminum at $90/mt plus London Metal Exchange cash, CIF main Japanese ports, on Jan. 9, down 7.2% from Q4 2023. For Q1, Platts observed 14 trades concluded at a...

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Two Indian state refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months, company sources said. Indian Oil Corp IOC.NS, the country’s top refiner, and...

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Iron ore futures fell on Tuesday for a fourth consecutive session, albeit at a slower pace, as steelmakers in top consumer China remained cautious on pre-holiday restocking amid lacklustre steel demand. The most-traded May iron ore contract on China’s Dalian Commodity...

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