China port stocks hit record high after Lunar New Year Domestic steel production seen recovering in Q2 The discount of China’s iron ore portside prices to seaborne prices has narrowed Continue Reading
Coal-fired power plant outages come amid low LNG stocks Spot electricity price surges on power plant outages All units at ENEOS’ Sendai, Chiba refineries shut A magnitude 7.4 earthquake occurred Continue Reading
COVID-19 cases highest since the beginning of pandemic Buyers bidding up to $20/mt lower than offers: sources Indonesian coal supply tight, providing floor to prices Chinese thermal coal demand is Continue Reading
Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to tackle rising COVID-19 cases, will allow them to resume work and production in Continue Reading
A surge in coronavirus infections in Western Europe has experts and health authorities on alert for another wave of the pandemic in the United States, even as most of the country has done Continue Reading
As the Asia-Pacific region struggles with its first Omicron surge, it appears that Europe may be heading for a second jump, just as countries on both continents have rapidly lifted Continue Reading
Japan’s gasoline prices at the highest level in 13 years is forcing the government to give the maximum amount of subsidies for oil refiners and also consider measures to lower Continue Reading
Last year, President Xi Jinping seemed all but invincible. Now, his push to steer China away from capitalism and the West has thrown the Chinese economy into uncertainty and exposed faint cracks Continue Reading
COVID-19 cases highest since beginning of pandemic Buyers bidding up to $20/mt lower than offers: sources Indonesian coal supply tight, providing floor to prices Chinese thermal coal demand is expected Continue Reading
The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply Continue Reading
