Yearend – Brazil, Australia iron ore shipments set record; China spearheads other commodities

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The total volume of iron ore dispatched to global destinations from Australia and Brazil was 29.7 million tonnes in December, the highest since June 2019, according to a survey from Mysteel. Iron ore shipments from ten Australian ports bound for global destinations hit 21.7 million tonnes, and the tonnage shipped from Brazil’s nine ports to reach […]

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India oilmeals export down 56% in March; Malaysia’s exemption of export tax continues

India’s export of oilmeals during March 2018 dropped by 56% to 75,393 tonnes compared to 170,496 tonnes in March 2017, according to provisional figures released by the Solvent Extractors’ Association of India (SEA). However, overall export of oilmeals during FY18 had revived and provisionally reported at 2,839,623 tonnes compared to 1,885,480 tonnes during FY17, thanks […]

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Growing demand from poultry sector, tariff structure push up Pakistan’s soybean imports

Pakistan continues to increase its purchase of soybeans and imports are expected to reach a record 1.6 million metric tons (MMT) during 2016/17 and 2.0 MMT during 2017/18., a reflection of a tariff structure that favours soybeans over soymeal and growing demand from the domestic poultry sector, the United Stated Department of Agriculture said. Imports […]

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Global soybean prodcution up on higher estimates from Argentina and Ukraine – USDA

  Global soybean production is up this month as larger estimates for Argentina and Ukraine more than offset lower production in South Africa, the USDA said in its latest report, adding that it was raising exports estimates on greater shipments from Ukraine. “Global stocks are raised this month, reflecting growing supplies in Argentina as well […]

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