Page 6 - Platts Analytics News Today

Russian Urals crude has collapsed by $6.805/b day on day, further breaking its lowest ever discount to Brent as the pressure from international sanctions takes it toll on the crude’s value. One Urals Baltic loading cargo was offered by Trafigura on CFR Rotterdam basis, loading March 14-16 at Dated Brent minus $18.60/b in the Platts ...

Capturing resource-rich Ukraine would give Vladimir Putin control of a cornerstone of the global commodities market.

Capturing resource-rich Ukraine would give Vladimir Putin control of a cornerstone of the global commodities market.

Capturing resource-rich Ukraine would give Vladimir Putin control of a cornerstone of the global commodities market.

Former Soviet state is a key supplier for the global metals and food markets

The former Soviet state is a superpower in several crucial goods and is a key supplier for global metals and food markets, making it a prize for Vladimir Putin.

A massive push by Chinese investors into Zimbabwe’s multibillion dollar lithium mines has raised fresh fears of plunder

Some buyers in China have been advised by banks and higher authorities to refrain from procuring Russian coal due to possible sanctions amid Russia’s invasion of Ukraine, sources told S&P Global Platts Feb. 24. Market participants globally are cautious about trading Russian coal after sanctions were imposed on Russian banks and high-level officials after Moscow ...

Central Appalachia weekly coal production surged to the highest level in over nine years, according to data released by the US Energy Information Administration Feb. 24. The increased CAPP output encompasses both met and thermal coal and is due in part to global tension around the Russia/Ukraine situation, S&P Global Platts Analytics Coal & Power ...

Russia’s invasion of Ukraine sent agricultural commodities spiraling Feb. 24 following monthslong tensions in the Black Sea region that kept prices of key grains such as wheat highly volatile. As both Russia and Ukraine command clout in global trade flows of grain and vegetable oil, rising uncertainty in the region around port closures and blockages ...