04:20 PM @ 14/07/2023
OPEC predicted an even tighter global oil market next year, as the group anticipates a much bigger demand increase than other major forecasters.SEE MORE03:54 PM @ 14/07/2023
A top buyer of Russian oil is bracing for trading trouble as the price of Urals, the country’s main export grade, breaks through a $60-a-barrel cap set by Western nations to curb Moscow’s revenue.SEE MORE03:34 PM @ 14/07/2023
Russia’s 2022 invasion of Ukraine triggered global disruptions in markets for key food crops and fertilizers, threatening food security worldwide. With the war now entering its second year, high international food prices have moderated, though domestic price levels remain high in many low- and mid-income countries.SEE MORE03:14 PM @ 14/07/2023
The CEO of Canadian fertilizer giant Nutrien Ltd. said the company may consider slowing down its previously announced plan to ramp up potash production, as falling prices and lower sales volumes take a bite out of profits.SEE MORE10:55 AM @ 14/07/2023
China’s imports of linear-low-density polyethylene (LLDPE) from the US soared to 519,273 tonnes in January-May 2023 – a 220% increase over the same period last year as the US replaced Saudi Arabia as China’s biggest supplier.SEE MORE
