Stay updated with breaking news from Platts Jan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Libyan crude output is poised to fall to a 14-month low this week due to a blockade at its key western oil fields along with pipeline maintenance at the eastern Waha oil fields. This comes as Libya’s political stability hangs in the balance, with still no clarity on when elections may occur after they were ...
Japan is closely watching the developments surrounding Indonesia’s announcement of a coal export ban in January as it coincides with the country’s peak power demand season, an official at the Ministry of Economy, Trade and Industry told S&P Global Platts Jan. 5. Japan’s Electric Power Development Co., or J-POWER, does not expect the ban to ...
Major Indonesian mining companies are ready to commit a cumulative domestic supply of 2.9 million mt coal on hopes that it would lead to early revocation of the ban on thermal coal exports, sources part of the negotiations told S&P Global Platts Jan. 4. Around ten biggest mining companies are ready to commit quantities ranging ...
China’s Jan ASF outbreak not a challenge to soybean demand recovery: sources The resurgence of the African swine fever cases in China’s Guangdong-based pig farms following the outbreak at a major pork producing company over January 20-22 is unlikely to pose a serious challenge to China’s overall hog herd numbers, supporting the strong recovery in its soybean demand, industry sources told S&P Global Platts Jan. 28. With the hog herd recovery on a swifter-than-expected curve, China’s soybean demand has also been projected to hit record highs. According to S&P Global Platts Analytics, th...
Brazilian soybean exports plummeted in January on ebbing supplies, as farmers sold almost all their old crop soybean stocks, market sources told S&P Global Platts Jan. 19. Brazil exported 17,500 mt in the first half of January, compared with 630,000 mt shipped out in the same period last year, data released by Brazil’s foreign trade ...