03:15 PM @ 20/01/2025
China's crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday, as refiners chased discounted Russian supplies to cope with weakened margins.SEE MORE05:13 PM @ 17/01/2025
China seen posing ‘longer competitive challenge and a sort of strategic challenge’ in important industries, and this could reinforce the EU as a US ally.SEE MORE04:57 PM @ 17/01/2025
In 2020, the Covid-19 pandemic brought with it unstable market conditions for the chemicals industry, leading to weak demand, reduced production and lower revenues. Four years on, despite temporary rebounds in production and revenue, many of these challenges have persisted. Demand for chemicals declined once more, compounded by ongoing supply chain difficulties.SEE MORE04:23 PM @ 17/01/2025
Exports, one of the few bright spots going forward, could lose steam under President-elect Donald Trump’s tariff plans.SEE MORE03:26 PM @ 17/01/2025
The Brazilian Mining Institute (Ibram) attributes the growth in exports in 2024 to the resumption of production by companies that faced disruptions in recent years, the entry of new players into the Brazilian market, and the expansion of operations by established companies.SEE MORE
