China seeks stronger soybean ties with Russia
China is willing to cooperate more closely with Russia in the soybean industry, its agriculture ministry quoted an official as…
Ukraine grain exports at 14.1 mln T so far in 2024/25 season, says ministry
Ukraine’s grain exports in the 2024/25 July-June season totalled 14.1 million metric tons as of Oct. 30, up from about…
South Korea’s MFG buys 68,000 T corn in another private deal, traders say
South Korea’s Major Feedmill Group (MFG) purchased an estimated 68,000 metric tons of animal feed corn in a second private…
China’s Baosteel expects Simandou to mine first cargo by end 2025
China’s biggest listed steelmaker, Baoshan Iron & Steel, expects the Simandou iron ore project in Guinea to complete infrastructure construction…
Downward Price Momentum in the Ship Demolition Market
The ship breaking market has been trending downwards over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com),…
Iron ore rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism
Iron ore futures were range-bound on Wednesday, as concerns over steel demand in top consumer China ignited by the European…
Baltic index falls as capesize rates decline
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Wednesday, weighed down…
Dry Bulk Grain Flows – U.S. Vs Brazilian
This week, the US and Brazilian grain sectors are in the spotlight, particularly Brazil’s strong position in soybean production and…
Teekay Tankers splashing out for parent company’s management units
Owner reveals intra-group moves in quarter that misses analyst earnings bets
Sri Lanka’s New Leaders Investigate Mishandling of X-Press Pearl Disaster
The government of Sri Lanka is starting a new investigation into alleged mismanagement and corruption in response to the fire…