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Japan private-sector rice imports soar in Mayby hellenicshippingnews… on 27 June 2025 at 9:00 pm
Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache for both consumers and policymakers. Some 10,600 metric tons of so-called staple rice – which is consumed at meals as opposed to rice used for feed or ingredients in other products – were imported …
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Asian refiners weigh crude stockpiling amid Middle East tensions, trade flow stableby hellenicshippingnews… on 27 June 2025 at 9:00 pm
Refiners across Asia are reassessing the need to bolster their emergency crude reserves amid rising geopolitical tensions in the Middle East. However, unfavorable storage economics and a general confidence in the stability of shipping flows between the Persian Gulf and Asia may restrict their stockpiling efforts. The tensions in the Middle East reached new heights …
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China signs first Argentine soymeal deal under threat of US trade war disruptionsby hellenicshippingnews… on 27 June 2025 at 9:00 pm
Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine imports in 2019, as China’s animal feed industry looks to broaden its supply options to mitigate potential disruptions from the U.S.-China trade war. Several Chinese feed makers have jointly signed the deal to purchase 30,000 metric tons of Argentine soymeal for …
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US says deal with Beijing will expedite rare earth exports from Chinaby hellenicshippingnews… on 27 June 2025 at 9:00 pm
The United States has reached an agreement with China on how to expedite rare earth shipments to the U.S., a White House official said on Thursday, amid efforts to end a trade war between the world’s biggest economies. President Donald Trump earlier said the United States had signed a deal with China on Wednesday, without …
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Kazakhstan says its oil exports to Germany will fall to 160,000 tons in Juneby hellenicshippingnews… on 27 June 2025 at 10:00 am
Kazakhstan’s crude oil exports to Germany will decline to 160,000 metric tons this month from 230,000 tons in May, Kazakh energy company KazMunayGaz said on Thursday. It added that supplies, dispatched via Russia’s Druzhba oil pipeline, for this year are still expected at 2 million tons, or around 40,000 barrels per day, up from 1.5 …
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US allows ethane to be loaded and shipped to China, but not unloaded, letter saysby hellenicshippingnews… on 26 June 2025 at 9:00 pm
The U.S. sent letters to Enterprise Products and Energy Transfer (NYSE:) on Wednesday informing the companies they could load ethane on vessels destined for China but could not unload the ethane in China without authorization, according to a person familiar with the matter and copy of one letter. The letters from the U.S. Department of …
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Russia’s ESPO Blend oil exports from Kozmino set to rise 7.5% in Julyby hellenicshippingnews… on 26 June 2025 at 10:00 am
Russia plans to increase ESPO Blend oil loadings from its Far East Kozmino port in July to 4 million metric tons (some 970,000 barrels per day) from 3.6 million tons in June, two traders said. Oil exports from Kozmino port are curbed in June amid planned maintenance, the traders said. ESPO Blend exports reached 4.2 …
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Egypt to import LNG to cover demand from July 2025 to June 2026, cabinet saysby hellenicshippingnews… on 26 June 2025 at 10:00 am
Egypt plans to import liquefied natural gas to cover demand from July 2025 to June 2026, the Egyptian cabinet said in a statement on Wednesday, as it ramps up purchases to meet power demand despite strained government finances. Reuters reported on June 12 that Egypt has reached agreements with several energy firms and trading houses …
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Russia aims to boost grains, vegoil exports to Iranby hellenicshippingnews… on 25 June 2025 at 9:00 pm
Russia aims to boost grains and vegetable oil exports to Iran through the Caspian Sea in the coming months, thanks to an anticipated larger harvest this year and an end to trading restrictions, market analysts and traders said on Tuesday. Trade between Russia and Iran, both heavily sanctioned by the West, grew by 16% to …
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India’s Middle Eastern oil cargoes on schedule; reduced dependence to provide cushionby hellenicshippingnews… on 25 June 2025 at 10:00 am
India’s crude supplies from the Middle East have not faced any disruption despite regional tensions, with reduced dependence and diversification providing a buffer against any future escalations, senior government officials, refiners and analysts said. The tensions in the Middle East reached a new high after Tehran threatened to close the Strait of Hormuz following the …
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Trump says China can continue to purchase oil from Iranby hellenicshippingnews… on 25 June 2025 at 10:00 am
President Donald Trump said on Tuesday that China can continue to purchase oil from Iran after the U.S. bombed the OPEC member’s nuclear facilities and hoped that China would also buy “plenty” of it from the United States. “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the …
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Chinese private refiners hesitant to purchase Iranian crude amid rising tensionsby hellenicshippingnews… on 25 June 2025 at 10:00 am
China’s independent refineries are generally hesitant to increase their stock of Iranian crude cargoes, even as suppliers attempt to raise prices due to potential supply disruptions triggered by Iran’s threats to close the Strait of Hormuz amid escalating conflicts with Israel, refinery analysts, and trade sources told Platts, part of S&P Global Commodity Insights, on …
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Egypt bought several hundred thousand tons of wheat for July/Aug delivery, sources sayby hellenicshippingnews… on 25 June 2025 at 10:00 am
Egypt’s state grains buyer, one of the world’s largest wheat importers, has purchased several hundred thousand metric tons of wheat in the past weeks for delivery in July and August, traders and sources told Reuters on Tuesday. The exact volume of the purchases was still unclear, but all sources referred to several hundred thousand tons. …
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North Asian refiners reassert confidence over stable Middle East crude import logisticsby hellenicshippingnews… on 24 June 2025 at 9:00 pm
Major North Asian refiners said that their latest logistics for Middle Eastern sour crude cargoes are “all on schedule,” with refinery feedstock managers and analysts expressing renewed confidence that neither Iran nor Israel will take actions that could compromise East Asia’s neutrality. Benchmark oil prices plummeted overnight as the market started to recognize Iran’s current …
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China doubles 2025 naphtha import quotas, sources sayby hellenicshippingnews… on 24 June 2025 at 9:00 pm
China has issued a second batch of 2025 naphtha import quotas, nearly doubling last year’s allocations, as demand rises due to disruptions in U.S. supplies of cheaper alternatives propane and ethane as well as new cracker startups, six trade sources said. The quotas, issued in mid-June, were extended to 10 chemical companies which will be …
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India’s soyoil imports hit four-month low in June on port congestionby hellenicshippingnews… on 24 June 2025 at 9:00 pm
India’s soyoil imports in June are likely to fall by 18% from a month ago to the lowest level in four months, as congestion at a key port will lead to unloading vessels into July instead of June, industry officials told Reuters. The world’s biggest importer of vegetable oils fulfils nearly two-thirds of its edible …
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Thailand’s PTT to buy 2 MTPA of LNG from Glenfarne’s Alaska LNG over 20 yearsby hellenicshippingnews… on 24 June 2025 at 5:00 pm
Thai state-owned oil and gas giant PTT Group PTT signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne’s Alaska LNG project over a 20-year term, Glenfarne said late on Monday. PTT said it was was further studying the Alaska LNG project to expand its LNG business and …
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China’s crude oil imports from Russia and Malaysia dropped in Mayby hellenicshippingnews… on 24 June 2025 at 10:00 am
China’s imports of crude oil from Russia fell 5.9% in May from a year earlier to 8.38 million metric tons or 1.97 million barrels per day, Chinese customs data showed on Friday. Russian supply to China rose on a monthly basis by 3.8%, up from 8.07 million bpd in April. Imports from Malaysia, the biggest …