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Dollar creeps up in subdued start to new year The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The U.S. currency has weakened as markets bet a Federal Reserve tightening cycle may be nearing an end. Sentiment remained fragile and the first trading day of the year was subdued, with many countries, including big trading centres such as Britain and Japan, closed for a holiday. The dollar index, which measures the value of the greenback against a basket of major currencies,...
Dollar creeps up in subdued start to new year
Dollar creeps up in subdued start to new year
Source: Reuters
2/01/2023 6:24:03 PM
S&P Global Platts Analytics: $100/b oil aggravates pain from Asia’s acute oil addiction * There's always a price to pay when one doesn't have an immediate alternative to cure one's addiction – and for Asian oil importers, it's no different. Asia's top oil importers are dependent on imports for 70%-100% of their needs. With high oil prices – ICE Brent crude topped $100/b in Asian trade Feb 24 as Russian President Vladimir Putin announced military operations in Ukraine – the pain is felt not just by refiners and consumers. It's a...
S&P Global Platts Analytics: $100/b oil aggravates pain from Asia’s acute oil addiction
S&P Global Platts Analytics: $100/b oil aggravates pain from Asia’s acute oil addiction
Source: PR Agency
24/02/2022 5:35:59 PM
S&P Global Platts Analytics : Supply woes, volatility to keep India's coal importers on edge Supply woes, volatility to keep India's coal importers on edge * Indian coal importers are bracing for another year of market volatility and supply upheaval as China's efforts to absorb plentiful cargoes to make up for the Australian supply vacuum, as well as production hurdles at mines across the globe due to the pandemic, will keep the market on tenterhooks. * Industry officials and analysts said that how Indian utilities manage their coal stockpiles in 2022, after a year...
S&P Global Platts Analytics : Supply woes, volatility to keep India's coal importers on edge
S&P Global Platts Analytics : Supply woes, volatility to keep India's coal importers on edge
Source: PR Agency
11/01/2022 3:05:50 PM
Indian steel prices to fall by 10%-15% in 2022  Indian steel prices will soften by 10 to 15 per cent next year as domestic and international steel spreads narrow. Supply constraints will ease due to stronger Indian crude steel production, with more material directed towards domestic end-users. S&P Global Platts Analytics expects Indian domestic hot-rolled coil prices to average Rs 53,550-56,700/mt ($705-$745/mt) in calendar 2022. This compares with average prices of Rs 63,000/mt year-to-date in 2021, which is 58 per cent highe...
Indian steel prices to fall by 10%-15% in 2022
Indian steel prices to fall by 10%-15% in 2022
Source: IANS
16/12/2021 9:24:09 AM
Indian steel prices to fall by 10%-15% in 2022 Indian steel prices will soften by 10 to 15 per cent next year as domestic and international steel spreads narrow. Supply constraints will ease due to stronger Indian crude steel production, with more material directed towards domestic end-users. S&P Global Platts Analytics expects Indian domestic hot-rolled coil prices to average Rs 53,550-56,700/mt ($705-$745/mt) in calendar 2022. This compares with average prices of Rs 63,000/mt year-to-date in 2021, which is 58 per cent higher than...
Indian steel prices to fall by 10%-15% in 2022
Indian steel prices to fall by 10%-15% in 2022
Source: IANS
15/12/2021 4:52:23 PM
S&P Global Platts Analytics: India`s jet fuel demand revives after being decimated by COVID-19 India's jet fuel demand revives after being decimated by COVID-19 India's jet fuel demand is ready for take-off as the country plans to open its doors to international tourists and forms more air travel bubbles, while domestic travel has surged as the local COVID-19 situation has mostly stabilized, with the total number of doses administered in the world's second most populous country crossing 1 billion. According to the latest data from India's Directorate General of ...
S&P Global Platts Analytics: India`s jet fuel demand revives after being decimated by COVID-19
S&P Global Platts Analytics: India`s jet fuel demand revives after being decimated by COVID-19
Source: PR Agency
27/11/2021 11:24:10 AM
S&P Global Platts Launches First Global Suite Of Methanol Bunker Fuel Price Assessments Singapore – S&P Global Platts ("Platts"), the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, today announced the launch of two new daily methanol bunker fuel price assessments reflecting the value of methanol delivered to ships for marine fuel at the ports of Singapore and Houston, effective October 25, 2021.  The addition of two major hub ports in Asia and the United States Gulf Coast follows the...
S&P Global Platts Launches First Global Suite Of Methanol Bunker Fuel Price Assessments
S&P Global Platts Launches First Global Suite Of Methanol Bunker Fuel Price Assessments
Source: PR Agency
26/10/2021 11:12:21 AM