Indonesian Coal Exports Stumbled For Miners Facing Constraints

Indonesia’s coal exports will be held back this year, posting a challenge to the government’s plan to reduce a swelling trade deficit while keeping prices elevated, according to industry analysts. Producers in the world's largest...

Asia Seeks Argentine Wheat Amid Australian Supply Concerns

Asian flour millers may probably have to increase its wheat shipments from Argentina, which is rare in the past, in the next few months as a second year of drought in traditional major supplier...

The UAE in Africa

UAE’s ever-expanding portfolio in Africa Expanding Portfolio Typically dominated by the US, EU & BRIC nations, investment into Africa has been in decline with the World Investment Report 2018 showing Foreign Direct Investment (FDI) flows into...

China’s Oil Demand Expected to Fall

In 2017, China’s oil demand rose by 5.5 percent year-on-year and hit 11.77 million barrels per day, however, under policies centered around green development featuring energy efficiency and quality, China’s consumption of oil (gasoline...

China’s Iron Ore Imports Drop in June

Chinese imports of iron ore were recorded with a significant decline in June, down 11.6 percent from the previous month, according to official data recently released. It was believed that the fall comes as China...

EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese exports to the EU will be eliminated. And as to...

Australia’s 2018/19 Wheat Production Forecast Lowered

Australia has lowered its wheat production forecast over the 2018-19 season, according to the latest crop forecast report, which was released on June 13, from the Australian Bureau of Agricultural and Resource Economics and...

Rio Tinto Reaches JV Agreement with Chinese Mining Giant

Australian mining giant Rio Tinto has inked a joint venture (JV) agreement with Minmetals, one of China's most powerful miners, for deepening cooperation in exploration of mineral deposits in China. The two businesses will establish...

China’s Lithium Giant to Buy $4.1 Billion Stake in Chile’s SQM

China’s lithium battery giant Tianqi Lithium Corp said on Thursday (May 17) that it will buy a 24 percent stake of Chile lithium producer SQM, the world’s second-largest lithium producer, for about 4.1 billion...

US Glycerine Market Expected In Delicate Balance In Second Half

The glycerine market in the United States is seeing finely balanced supply-demand movement as the next half year ramps up. Market players are trying to measure the shortage of glycerine supply in next few months in the face of a delicate supply-demand balance. With most of American glycerine producers sold out and fix their sales contracts for the third...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...