An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...
Tags: Corn Demand, US Gulf Coast
The European Commission (EC) keeps conducting investigations on certain Chinese PV imports to the EU, and announced to withdraw five more Chinese PV makers from the Minimum Import Price (MIP) agreement, or the "price undertaking." Ningbo ...
Tags: PV makers, Minimum Import Price
Efforts to reduce China's steel production overcapacity are forging ahead according to plan, the top economic planner said Wednesday. In a medium-term roundup of the drive, the National Development and Reform Commission (NDRC) said, in an ...
Tags: steel production, overcapacity
China imported 21.20 million mt of coal in July, including lignite, thermal and metallurgical material, down 2.5% from June and 0.2% year on year, according to preliminary data released Monday by China's General Administration of Customs. ...
Taiwan’s new government, which is led by President Tsai, aims to cumulatively install 20GW of PV capacity by 2025. Bureau of Energy (BOE), under Ministry of Economic Affairs, announced the “Two-year PV Accelerating ...
Tags: PV capacity, PV projects
US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...
Tags: crude exports, US crude
China imported 7.11 million mt of thermal coal in April, down 18.8% on the year and 4.1% from March, according to data released Tuesday by the General Administration of Customs. The volume included 5.72 million mt of bituminous material ...
Tags: thermal coal, bituminous material
China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...
Tags: steel oversupply, steel
Global gold demand totaled 1,290 mt in the first quarter, up 21% from 1,070 mt a year earlier, as the biggest quarterly inflow into exchange-traded funds since 2009 offset a steep decline in jewelry demand, the World Gold Council said in a ...
Tags: gold demand, gold
China's Huayi Wind Energy Co Ltd (HEAG) opened its regional office on Thursday, marking the company's official entry into wind energy market in Serbia and the Balkans. An opening ceremony was held at the regional office, located in Belmax ...
Tags: Wind Energy, wind turbines
Combined coal stocks held by China's six key power generators in southern and eastern China averaged 11.155 million mt in the week to Tuesday, down 2.9% week on week, according to a weekly report by Qinhuangdao Port on Thursday. The ...
Tags: power generators, coal
China will test a new policy that aims to make the import and export of gold a lot easier, according to a statement jointly issued by the People's Bank of China and the General Administration of Customs. The new policy, set to be tested ...
Tags: Gold Imports, Gold
Maanshan Iron and Steel or Magang, the largest steelmaker in eastern China's Anhui province, on Monday announced it was cutting its ferrous scrap buying price by Yuan 30/metric ton ($5/mt), a company source said. The move followed the ...
Tags: Iron, Steel, steelmaker, ferrous scrap
China Shenhua Energy Company Limited, the nation's top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016. Shenhua, a State-owned ...
Tags: coal producer, coal
Major Chinese trader PetroChina Singapore has leased fuel oil storage tanks at Port Klang, Malaysia, with intentions to develop that hub into a bunker fuel supply outlet, said trade sources Thursday. Fuel oil storage capacity at the Port ...
Tags: PetroChina, fuel supply, Fuel oil