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Ukraine river, maritime food exports seen rising in September – brokers

Ukrainian river and maritime agricultural exports totalled 2.2 million metric tons in Sept. 1-19 and could reach a record 3 million tons for the whole month, brokers said on Wednesday. Spike Brokers said Ukraine had exported 2.4 million tons of farm goods in August and all of the shipments departed from ports on the Danube River. Ukraine has traditionally shipped most of its exports through its deep Black Sea ports, but shipments have been affected by a blockade of its main seaports since Russia’s invasion in February 2022. A deal ...

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Japan Aug crude import volume down 3.0%

Japan’s customs-cleared crude oil imports fell 3.0% in August from the same month a year earlier, the Ministry of Finance said on Wednesday. Japan, the world’s fourth-biggest crude buyer, imported 2.7 million barrels per day (13.303 million kilolitres) of crude oil last month, the preliminary data showed. Japan’s imports of liquefied natural gas totalled 5.673 million tonnes last month, down 9.6% from a year earlier. Imports of thermal coal for power generation declined 31.5% in August to 8.385 million tonnes, the data showed. Following is a preliminary breakdown of energy ...

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Russian oil producers send CPC Blend to UAE, open new export route

Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, traders told Reuters, opening up a new export route as Moscow looks to find new customers and skirt Western sanctions. Moscow has found new markets for its oil despite sanctions imposed by G7 countries since the start of the war in Ukraine, which Moscow calls a special military operation. The world’s third largest oil exporter, Russia has rerouted most of its oil to China, India and Turkey over the ...

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W. Africa Crude-About 15 cargoes from Nigeria’s October loading schedule left -trader

Nigeria has about 15 cargoes left from its October-loading schedule, a trader said on Wednesday, suggesting relatively healthy demand at this stage of the cycle. Nigeria’s October loading schedule emerged in late August. The West African country on average typically has 40 cargoes of crude on offer in any given month. Nigeria’s November loading schedule is expected in the coming days. Angolan exports are set to drop in November, according to the loading schedule released on Tuesday. Angola plans to load 32 crude oil cargoes in November, according to a ...

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China’s coal imports from Russia, Mongolia jump in August

China’s coal imports from all origins rose in August, customs data showed on Wednesday, as the world’s top consumer of the fuel bought up cheaper overseas supplies after domestic output fell. Russian coal arrivals reached 9.97 million metric tons, up from July’s 8.99 million tons, and 16.7% higher than the same month last year. Imports from Australia also rose 6% from the prior month to 6.69 million tons, while arrivals from Mongolia, largely of coking coal, surged 20.5% from July to a record 7.16 million tons. China’s total coal imports ...

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Russian energy ministry to take “measures” against grey exports of fuel – Ifx

Russian energy ministry said on Wednesday it would take “radical” measures to stop the “grey export” of oil products in coming days, according to Interfax news agency. Russia has been tackling fuel shortages, and has said it has been considering various measures including curbs on fuel exports. Source: Reuters (Reporting by Vladimir Soldatkin; Editing by Andrew Heavens)

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Russia sees grain export at 60 mln t in 2023/2024 season – IFX

Russia will be able to export 60 million metric tonnes of grain in the 2023/2024 season, the Interfax news agency reported on Wednesday, citing the Ministry of Agriculture. Russia has harvested more than 123 million tonnes of grain in 2023 out of a total of 130 million tonnes, according to the ministry’s forecast. Source: Reuters (Writing by Maxim Rodionov, Editing by Andrew Osborn)

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China August soy imports from Brazil up 45% on year ago

China’s soybean imports from Brazil rose 45% in August from a year earlier, data showed on Wednesday, as a huge crop produced by the South American nation this year continued to flow to the world’s top buyer. China imported 9.09 million metric tons of the oilseed from Brazil last month, according to the General Administration of Customs showed, almost all of the 9.36 million tons of total soybeans that arrived in China during August. Brazil’s market share to China remained the same even though Chinese buyers ramped up purchases from ...

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China’s fuel oil imports ease for second straight month in August

China’s fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed on Wednesday. Total fuel oil imports were down 8% from July to 1.4 million metric tons in August, though still more than double compared to the same period last year. The imports included purchases under ordinary trade, which is subject to import duty and consumption tax, as well as imports into bonded storages. The decline came amid recovery in China’s diluted bitumen imports, after customs authorities eased months-long inspections. A ...

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Saudi Arabia’s oil exports down to 6.012mln bpd in July

Saudi Arabia’s crude oil exports amounted to 6.012 million barrels per day (bpd) during July 2023, down from 6.804 million bpd in the previous month of June, according to the latest figures released by the Joint Organizations Data Initiative (JODI). The data showed that Saudi refineries’ consumption of crude oil decreased by 0.003 million barrels to 2.559 million barrels in July. The direct burning of crude in Saudi Arabia rose by 49000 barrels, reaching 592,000 barrels in July. Saudi Arabia and other members of the Organization of the Petroleum Exporting ...

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Caspian Pipeline Consortium raises oil exports 9% so far this year

The Caspian Pipeline Consortium (CPC), which exports oil from Kazakhstan via the Black Sea, said on Wednesday its throughput for the year to mid-September had increased by 9% to 45.3 million metric tons. CPC on Friday raised its oil pumping forecast for 2023 to 63.5 million tons from the 62 million expected previously. In 2022 it pumped 58.7 million tons. Source: Reuters (Reporting by Vladimir Soldatkin; Editing by Kevin Liffey)

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EU 2023/24 soybean imports up 2% by Sept 17, rapeseed down 40%

European Union soybean imports in the 2023/24 season that started in July had reached 2.56 million metric tons by Sept. 17, up 2% from the 2.51 million tons a year earlier, data published by the European Commission showed on Tuesday. EU rapeseed imports in the same period totalled 748,510 tons, down 40% from 1.25 million tons a year earlier. Soymeal imports totalled 3.18 million tons, down 8% from the 3.45 million tons a year earlier, while palm oil imports stood at 781,430 tons, down 6% from 834,417 tons a year ...

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Bangladesh to cut HSFO imports in Sep as utility demand eases

Bangladesh will trim imports of high sulfur fuel oil by a third in September due to reduced demand from the power generation sector as ongoing monsoonal rains have brought down peak summer temperatures, Faisal Khan, the president of Bangladesh Independent Power Producers’ Association, told S&P Global Commodity Insights. The South Asian country is likely to import 250,000 mt of 180 CST HSFO with 3.5% sulfur content during September, down 33.3% compared with about 375,000 mt HSFO imported in August, Khan said. Bangladesh’s HSFO imports rose sharply in August as power ...

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Malaysia keeps October crude palm oil export duty at 8%

Malaysia has maintained its October export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday. The world’s second largest palm exporter calculated a reference price of 3,710.50 ringgit per metric ton for October. The September reference price was 3,755.13 ringgit a ton. The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-tonne range. The maximum tax rate is set at 8% when prices exceed 3,450 ringgit a tonne. ...

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Czechs got about 27% of annual gas needs from Dutch LNG terminal Eemshaven

The Czech Republic received liquefied natural gas (LNG) shipments equal to just over a quarter of annual consumption from Dutch terminal Eemshaven’s first year of operation, with no deliveries coming from Russia, utility CEZ said on Monday. The Czech Republic, via majority state-owned CEZ, booked capacity at the new terminal last year to cover around a third of its annual consumption needs as it sought to diversify gas sources following Russia’s invasion of Ukraine. Shell and Engie of France have also booked capacity at Eemshaven. CEZ said in a statement ...

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