Opinions
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Chemical fleet slated to grow 2% in 202017 July 2020Drop in fuel costs supports margins of older tonnage Eastport Research and Strategy has revised upwards its chemical and chemical/product…
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Rising Brazilian soybean imports could hurt China’s palm oil demand03 July 2020Chinese palm oil imports fell in 1Q amid COVID-19 outbreak China has ramped up its purchases of Brazilian soybeans in…
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IMF revises grim forecasts down further26 June 2020Global GDP to shrink almost 5%, world trade down nearly 12% in 2020 The global economy and trade will…
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25k DWT sector growing rapidly19 June 202025k DWT STST tanker order surge after 2016 rule change From January 2016, chemical tanker newbuildings sized 8,000 DWT and…
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Falling Malaysian palm oil inventories could weigh on freights12 June 202012kt E.Msia/M.China freights move in tandem with Malaysia palm oil stocks Malaysia palm oil inventories dipped for the first time…
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South Korean exports point to weakening regional petchem demand05 June 2020
South Korean exports drop 24% YoY in May South Korean exports fell 24% YoY in May. These shipments are among…
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China’s UCO exports on a gradual recovery as COVID-19 restrictions ease29 May 2020
EU imports from China fell in January and February amid COVID-19 outbreak China’s demand for palm oil and other edible…
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Oil prices rising amid improved market outlook22 May 2020
Chart shows third-month Brent contract minus front month Crude prices are rising in May amid OPEC production cuts and voluntary…
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Rising uncertainty may weigh on business activity, demand for petchems15 May 2020Rising uncertainty may weigh on business activity, demand for petchems Uncertainty regarding US economic policy is the greatest since the…
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