Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of the Chinese economy have strengthened expectations for the country’s coal imports in 2023. A return of import tariffs, the end of China’s unofficial ban on Australian coal…
The first shipment of copper destined for the United States left the Port of Lobito, Angola, this week loaded onto the MSC Samu container ship. This follows a number of shipments of copper to ports in Europe and the Far East since the Lobito…
Commodities group Trafigura Group has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a period of exceptional success and growth.Jeremy Weir, Executive Chairman and CEO…
The Gas Exporting Countries Forum (GECF) has released its June GECF Monthly Gas Market Report highlighting that growth for May was primarily driven by robust LNG demand in Europe and Latin America and the Caribbean, which offset weaker imports in the Asia Pacific and MENA regions…
Chinese iron ore futures fell below a key 1,000 yuan per tonne level on Thursday, falling more than 5% to their lowest in more than two months as domestic consumption remains sluggish on steel production controls.The most active iron ore futures on the Dalian Commodity Exchange…
Japan's trading houses are riding a boom in commodities markets that has been fuelled by the recovery in major economies from the coronavirus pandemic, with Itochu reporting record quarterly profit and three others raising their earnings forecasts…
