Job Vacancies

China imports decline in Feb for key commodities

China’s February crude oil and copper imports eased from record highs witnessed in January. Barclays said that while imports usually pull back during the holiday month, worsening import losses likely dented financing demand for commodities. The stock overhang could weight on prices in the ...

Platts China Steel Sentiment Index Indicates Stronger Sector in March

The health of China’s steel sector is expected to improve in March, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 74.05 out of a possible 100, up 17.19 points from the February level of 56.86. The Platts CSSI reflects the responses of s ...

South Korea’s Feb coal imports from Australia’s Newcastle port slump 55% from Jan

Coal shipments to South Korea from Port Waratah Coal Services’ terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday.   The drop comes after Port Waratah’s terminals loaded 2.2 million mt bound for South Korea ...

Chinese, UK groups sign memo on shipping services co-op

The Chinese and British shipping industries are set to take their mutual cooperation to a higher level following the signing of a memorandum of understanding (MOU).   The MOU was signed by the Lord Mayor of London Fiona Woolf, Vice President of the Investment Committee at China Merchants Gr ...

ASIA PANAMAX DRY: Coal freight rates into India flat

The Panamax coal freight market was mostly flat Tuesday, ahead of the Coaltrans conference later this week. Platts assessed the coal freight market from Indonesia’s Banjarmasin port in South Kalimantan to Mundra on India’s west coast at $11/mt, unchanged from Monday. The route from B ...

Iron ore at 8-month low amid thin Chinese buying

Iron ore dropped to its lowest level in eight months amid lean appetites from Chinese steel mills who are anticipating a further decline in prices in the absence of a pickup in steel demand.   Citigroup slashed its forecast for iron ore for this year and the next two years, expecting prices ...

Sugar Exports From Thailand Jumping 22% to Record on Demand Gain

Sugar Exports From Thailand Jumping 22% to Record on Demand Gain Tuesday, 25 February 2014 Sugar shipments from Thailand, the second-biggest exporter, will surge 22 percent to a record this year as output expands to an all-time high and Asian demand increases, according to the Office of the Can ...

China steel, iron ore futures hit record lows on lending curbs

China steel, iron ore futures hit record lows on lending curbs Tuesday, 25 February 2014 Chinese steel and iron ore futures on Monday slumped to their lowest levels since they were launched following media reports of tighter lending to steel and other property-linked sectors, dimming the outloo ...

Indonesian coal exporters face second regulatory hurdle

Indonesian coal exporters face second regulatory hurdle Friday, 21 February Indonesian thermal coal exporters are now required to produce a certificate clearing the miner to produce coal before they ship material overseas, a government official said. The latest move is the second regulatory obst ...

ASIA CAPESIZE DRY: Iron ore freight rates slip on limited fixtures

ASIA CAPESIZE DRY: Iron ore freight rates slip on limited fixtures Friday, 21 February 2014   Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific ...