Last week thermal coal indices on the European market surged up to 110 USD/t, driven by the introduction of sanctions against major Russian coal companies […]
Commodities
Russian coal exports to drop by 20% due to sanctions
Russian coal exports to drop by 20% following a sanctions announcement by the United States. On February 23, the United States extended sanctions against the […]
USDA Sees More Soybean, Less Corn Production
The overall outlook for US corn, soybeans and wheat in 2024 is for larger supplies only partially met by increased domestic use and firming global […]
Ukraine grain Exports On the Rise
Having independently resumed operations of its major maritime ports on the Black Sea, Ukraine is forecast to increase grain exports for the remainder of the […]
Corn, Soybeans Recover From 3-Year Lows; Ample Supply Caps Gains
Chicago corn and soybean futures edged higher on Friday, with bargain-buying lifting prices after both markets dropped to their lowest levels in three years, although […]
World Wheat Supplies May Recover In 2024
World stocks of the crop, excluding China, have declined for four straight years and inventories are at their lowest level in 15 years. That will […]
In Contrast to Hungary, Romania Cannot Get Enough of Ukrainian Wheat
Grain traders have imported one million tons of Ukrainian wheat to Romania this season. This makes Romania the second largest export market for Ukrainian wheat […]
Buffett-Backed Occidental CEO Says Oil Shortage by 2025
Warren Buffett-backed Occidental Petroleum is predicting an oil supply shortage by 2025 due to global failure to replace crude reserves at a fast enough pace. […]
Russian coal exports keep falling, reducing supply on global market – Roman Bilousov
Russian coal exports declined further in 2024 amid economic sanctions and logistical issues. Recent US sanctions against SUEK and Mechel, meaning that these companies are […]
The Decline In Coal Appears To Have Been Exaggerated
Governments and international organizations have made ambitious pledges to reduce their emissions, a reduction that will require the phase-out of coal. Despite these pledges, countries […]