Opinions
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Chemical reaction to trade war22 November 2019
US petrochemical exports to China falling YoY since June 2018 The commercial viability of some production capacity increases in the…
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The wurst of times? Germany looks to stronger growth14 November 2019
Zew expectations index (orange, LHS) rebounds strongly while Ifo (blue, RHS) is flat in November The Ifo Pan Germany Business…
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Declining methanol prices may weigh on ME Gulf westbound freights01 November 2019
European methanol spot prices tend to lead freight rates by 1Q Declining methanol prices in Europe due to poor demand…
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ME Gulf eastbound rates climbed amid tightening space25 October 2019
ME Gulf/NE Asia rates rose USD 2 last week 5kt ME Gulf eastbound freights climbed USD 2 over the last…
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Show Me The Money: MR TCEs may rally amid higher freights due to tightening space18 October 2019Eastport MR TCE index against actual 1Y TC rate The Eastport MR TCE index measures the theoretical profitability of a…
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Bunker busting: Fuel costs for vessels plummets11 October 2019Both crude (in blue, LHS) and Oceanconnect Singapore 380 bunker spot price (in orange, RHS) have fallen High sulphur bunker…
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China’s tariff waivers on US soybeans may weigh on palm oil demand03 October 2019China buying more soybeans from Brazil (in orange) than the US (in blue) China issued waivers in US soybean imports…
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National Day celebrations to weigh on Chinese petrochemical imports27 September 2019Chemical spot prices increased in September amid restocking ahead of National Day China will be celebrating its 70th founding anniversary…
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Show Me The Money: Surging bunker prices may weigh on TCEs20 September 2019Eastport MR TCE index against actual 1Y TC rate The Eastport MR TCE index measures the theoretical profitability of a…
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