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25 June 2021

Produção de etanol cai, vendas estabilizam

A produção de etanol na região Centro-Sul diminuiu 8,7pc durante a primeira metade de junho em comparação ao mesmo período no ano passado, por conta de condições climáticas desfavoráveis, de acordo com a União da Indústria de Cana-de-Açúcar (Unica).

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Bioenergy Latin America and Caribbean

25 June 2021

India ethanol push cheers Brazilian sugar producers

Brazil's sugar industry stands to benefit from India's decision to expand its ethanol market, converting more of the subcontinent's otherwise exportable sugar into biofuel and shifting more global demand for the sweetener onto Brazil's shoulders.

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Agriculture Bioenergy Asia-Pacific Latin America and Caribbean

25 June 2021

Russia confirms €70/t duty on ferrous scrap exports

Russia's prime minister Mikhail Mishustin signed a resolution on 23 June to increase export duties on ferrous scrap to 5pc, but no less than €70/t ($84/t), up from the current duty of 5pc, but no less than €45/t.

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Metals FSU

25 June 2021

Petrobras LPG pricing shifts to track crude

Petrobras' LPG prices are starting to closely track rising international crude values as Brazil's state-controlled company seeks to attract imports of the fuel as well as investment in its refining assets.

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LPG/NGL Natural gas/LNG Latin America and Caribbean

25 June 2021

Fretes sem tendência com atraso no milho

Os nove fretes de grãos monitorados semanalmente pela Argus não tiveram uma tendência única nesta semana em Mato Grosso.

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Agriculture Fertilizer Latin America and Caribbean

25 June 2021

Eni, Sasol drilling offshore South Africa faces lawsuit

An oil and gas drilling campaign off South Africa's east coast planned by Itay's Eni and South African energy firm Sasol is being challenged in court by a group of non-governmental organisations (NGOs).

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Crude oil Africa

25 June 2021

Tata Steel proceeding with UK-Dutch separation

Tata Steel is proceeding with the separation of its mainland European and UK businesses after meeting with its European Works Council today.

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Metals Europe

25 June 2021

Dry bulk fertilizer freight rates continue surge

Freight rates of dry bulk fertilizer products have accelerated upwards across major routes, hitting new highs this week.

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Fertilizer

25 June 2021

US Supreme Court backs refinery biofuel waivers: Update

The US Supreme Court, in a win for oil refiners, ruled 6-3 today that small refineries can be eligible for hardship waivers from biofuel blending mandates without having to continuously qualify, rejecting calls from biofuel industry groups to curtail the exemptions.

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Bioenergy Crude oil Emissions Oil products North America

25 June 2021

Looming Russian export tax jolts metals markets

Metals market participants are taking stock of Russia's plan to impose export duties on various ferrous and non-ferrous products exported outside the Eurasian Economic Union (EAEU), with nickel and aluminium prices jumping this morning and some ferro-alloy traders rushing to get Russian material tru

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Metals Europe FSU

25 June 2021

Turkey ferrous: Price flat, markets supply-driven

The Turkish scrap import price was flat today as supply-side factors in the Chinese steel, Turkish domestic rebar and Turkish scrap import markets asserted themselves as major near-term price drivers.

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Metals Europe Middle East North America

25 June 2021

Liquidity on merged German hub to outpace NBP: Efet

Liquidity on the shared Germany VTP (Trading Hub Europe) is likely to increase following the merger of the country's two existing market areas, outpacing the UK's NBP, European Federation of Energy Traders' (Efet) Germany director Barbara Lempp told Argus .

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Natural gas/LNG Europe

25 June 2021

BPC indicates that EU ban does not cover most MOP

Belarusian Potash (BPC) is confident that an EU ban on MOP from Belarus does not extend to all types of the product.

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Fertilizer

25 June 2021

Supreme Court backs waivers from biofuel mandate

The US Supreme Court, in a win for small refiners, ruled 6-3 today that small refineries can be eligible for hardship waivers from biofuel blending mandates without having to continuously qualify, rejecting calls from biofuel industry groups to curtail the exemptions.

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Bioenergy Crude oil Emissions Oil products North America

25 June 2021

Gazprom’s Russian June offtake to fall from May

Russian state-controlled Gazprom's domestic gas production is on track to fall in June from the previous month, but the decline would be the second smallest between May and June since 2011, suggesting that the firm may be producing closer to its capacity than in previous years.

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Natural gas/LNG FSU

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