Thursday

05-06-2025 Vol 19

Tag: China

China Unveils Second Batch of 2025: 12.8M MT Clean Oil Products and 5.2M MT LSFO Export Quotas

China’s Ministry of Commerce has announced the second batch of export quotas for clean oil products and low sulfur fuel…

South Korea, China, Japan Unite to Boost Regional Trade Amid Threat of Trump Tariffs

South Korea, China, and Japan recently convened for their first economic dialogue in five years, primarily to enhance regional trade…

China’s Transport Sector Experiences Growth in First Two Months of the Year

China’s transport industry has demonstrated significant growth in the first two months of the year. According to the Ministry of…

Russian April ESPO Blend Oil Prices Drop as Chinese State Companies Reduce Imports

Russia’s ESPO Blend oil, a key export, has seen a significant decline in prices, hitting the lowest level in 10…

Iron Ore Declines Yet Records Weekly Gain Amid Strong Demand From China

Iron ore futures experienced a slight decline on Friday due to escalating trade war concerns. However, the market still recorded…

Asia Distillates: Lackluster Activity Continues as Markets Monitor China Exports and May Refinery Sales

Asia’s middle distillates markets have struggled with a lack of trading activity for the third consecutive session this week. Despite…

Chinese Steel Producers Begin Output Reductions in Response to National Directives

Steel makers in China’s Xinjiang region have begun reducing production, following a national directive aimed at managing overcapacity in the…

EU’s prohibition on Russian LNG transshipment may impact China’s winter energy supplies.

The European Union’s impending ban on the transshipment of Russian liquefied natural gas (LNG) at its ports could significantly impact…

Iron Ore Prices Surge on China’s Strong Demand Despite Concerns Over Production Cuts

Iron ore futures experienced a notable increase on Monday, driven by robust demand in China, the world’s largest consumer of…

China’s Container Crisis: Declining Rates and Weakening Demand Worry Traders and Lessors

China’s container logistics sector is facing significant challenges due to falling container prices and leasing rates amid weakened cargo demand.…