ENGINE: East of Suez Bunker Fuel Availability Outlook

SingaporeA source says that Singapore has been witnessing average demand so far this week. VLSFO availability has been getting tighter in the port, with lead times doubling from 3-5 days last week to 7-11 days now.Lead times for HSFO, on the other hand, have come down from 9-11 days last week to 6-8 days now. […]

Grain Highlights 23.08.2023

SovEcon has revised its forecast for wheat production in Russia, suddenly increasing it by 5 million tons to 92.1 million tons (up from the previous estimate of 87.1 million tons). SovEcon has revised its forecast for wheat production in Russia, suddenly increasing it by 5 million tons to 92.1 million tons (up from the previous […]

Grain Highlights 22.08.2023

In August, India is expected to experience the lowest rainfall levels since 1901 (when observations began). During the period of 01.07 – 16.08.2023, Russia exported 9.1 million tons of grain, including 6.8 million tons of wheat (3.85% higher than the same period a year earlier). Saudi Arabia purchased the most grain, totaling 1.25 million tons, […]

Grain Highlights 18.08.2023

APK-Inform forecasts the grain production in 2023/24 in Ukraine at 53.1 million tons (53.9 in 2022/23), including wheat production of 20.6 million tons (-1%), barley production of 5.5 million tons (-1%), and corn production of 25.5 million tons (-2%). From 23.08.2023, the export tax on Russian wheat will be 4,269.9 rubles/ton (3,712.8 a week earlier), […]