1.Rizhao port of Shandong province is to build an additional 300,000 tonnes class (VLCC) crude oil terminal to further improve its crude oil transportation service.The terminal,will be jointly invested in and constructed by Rizhao port,Shandong Dongming Petrochemical Group and Shandong Transportation Industry Fund.Total project investment is RMB820m,with an annual handling capacity of 18m tonnes.
2.A Chinese deep-sea exploration vessel returned to port on Tuesday after completing the first joint scientific expedition with Pakistan.Haiyang Dizhi-10 returned to south China's Guangzhou Port after its first-ever deep-sea scientific expedition.
3.China imported 9.8 million mt of natural gas in January, up 6.2% from December, and rose 26.8% year on year, latest General Administration of Customs data showed Wednesday.
4.OPEC and its allies will stick with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the producer group ease its efforts to boost crude prices, a Gulf OPEC source said on Tuesday.
5.China's iron ore futures settled lower on Tuesday.The most active contract for May 2019 delivery finished the day session down 3.18% to 593.5 yuan per ton.
6.The 9th Global Coking Coal Resource & Market Summit 2019 will be held on 10-11 April 2019 Beijing.
7.China’s iron ore futures ended little changed on Wednesday after hitting a three-week low in the previous session, as market expects demand from steel mills to pick up ahead of the peak spring construction season.The most traded iron ore contract on the Dalian Commodity Exchange for May delivery closed 0.1% lower at 593 yuan a tonne.
8.The International Agricultural Show will take place fromFebruary 23 to March 3, 2019, in Paris and illustrates the importance of France in global agricultural exports. On this occasion, discover how CMA CGM supports French farmers and producers for their global exports by opening markets overseas for them.
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