World Commodity News

🔵 Economist weekly

November 9, 2024

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⏫10 $ increase of CP Aramco LPG in November 2024

⏺ CP Aramco price for November 2024

- Propane : 635 $/MT ⬆️ +10 $
- Butane : 630 $/MT ⬆️ +10 $

⏺ CP price based on LPG Ratio

50% P- 50% B: 632.5 $/MT +10 $

70% P-30% B: $633.5/MT +$10

30% P- 70% B : 631.5 $/MT +10 $

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🛢 China Crued suppliers by region

✅ Source: #Platts #OPR price report

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🛢 China top crued suppliers

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🛢 China Crued Oil suppliers

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🛢 Nigerian Oil ....

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🛢 Oman crued oil, condensate output

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🛢 UK turns to imports as capacity closures mount

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🛢 European capacity closures accelerate after 2022-23 pause

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🛢 Platts propane cargoes versus Dated Brent

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🛢 Platts Singapore Gasoil EFS

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🛢 China Clean oil product exports

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🛢 PDH Plants operation rates

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💎 China LPG imports

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🛢 Marine Fuel

✅ Source: #Platts #APAG price report

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🛢 Platts India netbeacks

✅ Source: #Platts #APAG price report

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🛢 Japan Physical Oil assessment

✅ Source: #Platts #APAG price report

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⭕️ #Argus #Russia #LPG

👉1. Rising Product Prices in Russia: The core reason for the price increase lies in the rising prices of LPG in Russia, the main source of supply for Poland. This indicates that the cost of production or market forces within Russia are driving up prices, ultimately impacting the Polish market.

👉 2. Reduced Russian Shipments: Despite the price hike, the text clarifies that the supply situation in Poland remains relatively stable. While shipments from Russia have decreased in September compared to August, this is attributed to seasonal demand in Russia itself, leading to reduced production due to scheduled repairs.

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🛢 China Tanker Fixture

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🛢 Oil Assessment ( Mid East)

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🛢 Jet Index

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🛢 Oil assessment (Mid East)

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