MMi Daily Iron Ore Index Report 24 January 2025
Currently, iron ore futures prices continue to fluctuate upwards. The most traded contract I2505 finally closed on 803...
South Korean and Thai refining companies are wary of importing CPC Blend because the Red Sea risk still exists
South Korean and Thai refiners are hesitant to import CPC Blend crude from the Mediterranean market because the...
Russian crude oil exports surged to their highest level in seven weeks despite tough sanctions
Russia’s seaborne crude oil exports rose to a seven-week high in the week to Jan. 19, according to...
LNG trader diverted six US cargoes to Europe from Asia
Traders diverted at least six cargoes of liquefied natural gas en route to Asia to Europe at the...
Russian fuel exports fall in 2024 as drone strikes and bans add to sanctions pressure
Russia’s seaborne exports of oil products will fall nearly 10% in 2024 after Ukrainian drone attacks damaged major...
Rio Tinto iron ore shipments, production fell in Q4; sees 2025 Pilbara production flat YOY
Diversified global miner Rio Tinto Group produced 86.5 million mt of iron ore from its Pilbara operations in...
Corn and soybeans steady with focus on Argentinian weather
Chicago corn and soybean futures were steady on Friday after declines in the previous session, as traders focused...
Europe to increase LNG imports as gas supplies run low: analyst
Europe is projected to increase imports of liquid fuel (LNG) to meet its storage replenishment targets this year,...
MMi Daily Iron Ore Index Report 16 January 2025
Currently, iron ore futures prices are fluctuating upwards. The most traded contract I2505 finally closed at 797 yuan/mt,...
India says oil refineries have enough time to plan future oil imports amid Russian sanctions
India’s short-term oil supplies are unlikely to be affected despite major sanctions on Russian oil, thanks to a...