Iron ore prices should be well supported in the second quarter, despite the slow recovery in downstream steel demand, as Chinese mills are expected to lift steel output, according to the latest SP Global Platts outlook survey. Some 38% of s

Chinese iron ore futures edged higher on Thursday on supply concerns as coronavirus-containment measures across the world intensified, but the uncertain demand outlook for the steelmaking raw material and steel products capped gains. The mo

China seems to be containing its local coronavirus situation, with imported cases now posing the greater threat. While quarantine measures remain tight in cities such as Beijing and Shanghai Chinas busiest points of entry economic activity

China bought 6 million mt of soy from the US in the first two months of 2020, up 500% year on year as it ramped up purchases under its phase one trade deal commitments, while purchases of Brazilian beans were down 26% to 5.14 million mt, Ch

Chinese iron ore futures rose more than 5% on Wednesday, the most since July last year, on worries over supply as more countries including top producers of the steelmaking raw material ordered lockdowns to contain the coronavirus pandemic.

Crude oil futures opened higher Tuesday in daytime trading on the Shanghai International Energy Exchange. The most active crude oil contract for May delivery was up 15.5 yuan (about 2.18 U.S. dollars) to open at 250.1 yuan a barrel. China l

Chinas annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average. China remains the worlds top crude oil importer, surpassing the United States in 20

Dalian iron ore prices fell 6% to hit the downside limit on Monday, leading another intense sell-off in Chinas ferrous metal futures as stricter measures to contain the coronavirus pandemic further darkened the global economic outlook. The

Chinas iron ore futures rose on March 18 on further policy support for an economy battered by the coronavirus pandemic, before closing well off the sessions peak that was the highest in more than seven months. Steel futures, however, succum

Chinese steel futures hit their highest in nearly two months on Monday on signs of a recovery in demand, and as policymakers worldwide rolled out more stimulus measures to cushion global economies reeling from the coronavirus pandemic. The

Chinese iron ore futures ended flat after a volatile session on Wednesday, as hopes for an improvement in demand for the steelmaking raw material were offset by worries over the rapid global spread of the coronavirus. Iron ore on the Dalian

Andes Petroleum Ecuador LTD. of China National Oil and Gas Exploration and Development Corporation (CNODC), a wholly-owned subsidiary of China National Petroleum Corporation (CNPC), has put two new oil wells into production in the province

Chinas iron ore imports rose 1.5% over January and February from the same period a year earlier, customs data showed on Saturday, supported by firm demand at steel mills though the coronavirus outbreak had disrupted downstream sectors. The

Theres no way to sugar-coat the worst-ever reading of Chinas manufacturing indexes, which were pummelled as the economy was largely shut down in February as Beijing battled to contain the coronavirus epidemic. The Caixin/Markit manufacturin

The sharp slump in global crude demand, China in particular, due to the coronavirus outbreak has compelled several trading companies and cargo-holders to resort to floating storage, mainly on VLCCs, for up to six months in Singapore and els