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China’s manufacturing production index of steel consumption produced by S&P Global Platts stood at 102 points in October, down 13 points from September and 6 points lower from the same period of 2020. The production index is based on China’s National Bureau of Statistics production data for 17 steel-related manufactured goods, which are categorized into ...
The corn basis in key US markets was firm in the month through Nov. 22, even as the current marketing year 2021-22 (September-August) harvest is coming to a close, because of strong ethanol production over the recent weeks and farmers’ reluctance to sell. The basis is calculated by finding the difference between the spot and ...
Nigeria’s oil production outlook is under tremendous pressure, as technical and operational issues along with mounting security concerns are likely to persist over the short term, industry sources and analysts said Nov. 22. Many of the country’s key oil fields, terminals and facilities have bene simultaneously experiencing teething problems and a recent resurgence in attacks ...
The US soybean exports to China in October fell sharply compared with last year amid logistical disruptions caused by Hurricane Ida in the US Gulf Coast, market sources told S&P Global Platts Nov. 23. According to China’s monthly customs report released Nov. 20, US exported 775,331 mt of soybeans in October, compared with 3.4 million ...
The impact of rising coronavirus infections is back on the headlines with the number of cases rising in major European economies, affecting mobility. We also take a look at Russian gas flows into Europe, Southeast Asia’s appetite for Middle Easter crude, the surge in demand for Australian carbon credit units, and China’s soybean demand in ...