Page 13 - Platts Analytics News Today

FinancialBuzz.com News Commentary NEW YORK, Jan. 12, 2022 /PRNewswire/ -- The global lithium market has seen a substantial rise in demand in recent years. To illustrate the rise in prices

The UK tied with China for receiving the most US LNG cargoes in December, as tight European gas inventories, strong demand and robust netbacks incentivized more Gulf Coast supplies to be shipped across the Atlantic, S&P Global Platts Analytics data showed. The direction of trade flows has shifted several times over the last year amid ...

Normal to above-normal temperatures expected for the Pacific Northwest could deflate regional spot gas prices after wintry weather pushed regional temperatures below normal over the last two weeks. The National Weather Service’s six- to 10-day forecast shows a likelihood of above-average temperatures across the western half of the country Jan. 12-16, with a small pocket ...

The Asian high sulfur fuel oil market is likely to be resilient for the better part of 2022 on expectations of incremental demand from a rise in scrubber-fitted vessels entering the market and steady to firm demand from the utility sector. The current demand-supply balances indicate a market that is likely to be rangebound in ...

As tanker markets continue to endure the impact of the global pandemic and the recent omicron variant of the coronavirus, which offset expectations of a bullish fourth quarter, tanker owners anticipate changing trade lanes and increasing ton-mile demand could turn spot freight north after a year of breakeven-to-negative time charter equivalent earnings. Nearing the end ...

The Argentinian and Brazilian soybean crush volumes look set to rise in 2022 despite several domestic challenges, according to analysts. While the Argentinian soybean crush in marketing year 2021-22 (October-September) is forecast at 42 million mt, up 4.6% on the year, Brazil is expected at 47.7 million mt, up 2% year on year, the US ...

The combination of brutal winters and bad planning has left New England vulnerable to a complete grid collapse, and the region isn’t doing much to improve its situation

Tightness in the European fuel oil markets will persist into Q1 2022, as high prompt demand looks set to weigh on availability. The 0.5%S marine fuel forward curve is currently showing a sharp price drop between January and February 2022 to give a $6.5 backwardated structure. This structure is maintained further down the curve, with ...

Singapore’s high sulfur bunker fuel sales rose again in November, entrenching the grade’s role in the bunker fuel mix firmly despite the push for cleaner marine fuels amid stricter environmental rules for international shipping. Sales of HSFO, which includes 180 CST, 380 CST and 500 CST bunker fuel, increased 0.9% from October to a multi-month ...

US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the summer. The US Energy Information Administration is expected to report a 127 Bcf withdrawal for the week-ended Dec. 24, according to a survey of analysts ...