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Sea Freight Index plunges 26 March 2024 downturn Hits Capesize and Panamax segments (CW Group) The Baltic Exchange's main sea freight index witnessed a significant decline to a three-week low on Monday, influenced by downturns in the capesize and panamax vessel categories, according to... Type: Article Category: Markets & trade Latvian ports transshipment trends 26 March 2024 handled from January to February, down from 7.7 million tons in 2023. In a breakdown, Ventspils experienced a significant decline of 34 percent, managing 1.6 million tons of cargo. Meanwhile, Riga handled over 3 million tons, marking a 12 percent... Type: Article Category: Ports & handling Cement industry's rail shipment trends revealed 25 March 2024 the Russian Federation dispatched 1,352.0 thousand tons of cement via railway transport. This figure marks an 8.6 percent decline compared to February 2022, a 4.0 percent increase compared to February 2021, and a 6.1 percent decrease compared to 2020,... Type: Article Category: Markets & Competition EU wheat exporters grapple with Russian dominance 25 March 2024 sluggish demand for the remaining months of the 2023/24 campaign. The European Commission predicts a 5 percent year-on-year decline in EU wheat exports to 31 million tons, despite increased supply. With Russia dominating major markets and eroding the... Type: Article Category: Markets & trade China's bulk commodity index dips 25 March 2024 February dhows slight decline in market performance (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Xinhua shares a marginal downturn in China's bulk commodity market, as... Type: Article Category: Markets & trade Donghaitong Development inaugural report 25 March 2024 recorded a total operating income of 1.705 billion yuan, with a net profit of 185 million yuan. However, this marked a decline from the previous year, attributed to global economic slowdown and geopolitical tensions impacting the dry bulk shipping... Type: Article Category: Markets & trade India's coal import trends 22 March 2024 year. Notably, non-coking coal imports increased to 12.10 million tons, while coking coal imports experienced a slight decline to 4.50 million tons. Vinaya Varma, MD and CEO of mjunction services, noted a recent weakening in demand for imported coal in... Type: Article Category: Markets & trade February sees dip in U.S. printing-writing paper shipments 22 March 2024 Forest & Paper Association (AF&PA) has released its February 2024 Printing-Writing Monthly report, revealing a slight decline in total U.S. printing-writing paper shipments, according to Paper Age. According to the report, total printing-writing paper... Type: Article Category: North America Petroleum coke industry surges in January 21 March 2024 that this surge was primarily propelled by the oil sector, marking a significant turnaround from the previous year's decline. This growth is underscored by key statistics: January 2024 saw a 22-working-day period, identical to the previous year.... Type: Article Category: Trade & Shipping U.S. packaging papers market shows growth 21 March 2024 year-to-date. Shipments of the largest subgrade in bleached packaging papers, particularly food wrapping, saw a marginal decline of 1.9 percent in February, reflecting a 3.0 percent decrease year-to-date. The AF&PA, representing U.S. paper and wood... Type: Article Category: North America Baltic Index Slumps due to vessel declines 21 March 2024 as larger vessels falter (CW Group) The Baltic Exchange’s main sea freight index encountered a second consecutive decline, driven by setbacks in the capesize and panamax vessel segments, as reported by Hellenic Shipping News on 21/03/2024. Overall, the... Type: Article Category: Markets & trade Building materials market shake-up 20 March 2024 shifts in global markets. Steel rebar prices in China, tracked on the Shanghai Futures Exchange (SHFE), experienced a steep decline from mid-February to the close of trading last Friday, dropping to less than 3,460 RMB (USD 481) per metric ton—a... Type: Article Category: Other Cement market update: Prices dip across Pakistan 20 March 2024 accordance with data released by Bol News, the retail price of cement in Pakistan has experienced a notable decline recently. The past week witnessed a downturn in cement prices across Pakistan, as reported by the Pakistan Bureau of Statistics. In the... Type: Article Category: Volume & Pricing Pilbara ports February throughput insights 20 March 2024 performance witnessed a 4 percent decrease compared to February 2023. Conversely, the Port of Dampier experienced a notable decline, with a total throughput of 12.3 Mt, representing a 16 percent drop from the corresponding period last year. Notably,... Type: Article Category: Ports & handling Dry Bulk Shipping Index drops 20 March 2024 impacting shipping rates (CW Group) The Baltic Exchange's dry bulk sea freight index experienced a dip on Tuesday, with a decline in capesize rates offsetting gains in smaller vessel segments, according to Hellenic Shipping News. The overall index,... Type: Article Category: Markets & trade Kyiv paper mill sustains production amid minor downturn 19 March 2024 In the first two months of the year, the mill's marketable output totaled UAH 1.21 billion, marking a marginal 2.4 percent decline compared to the previous year. While corrugated box production decreased by 5.7 percent in physical terms, the mill... Type: Article Category: Europe & Central Asia Aluminum industry conundrum 19 March 2024 energy, as highlighted by Canary Media. Once a global leader in aluminum production, the United States is now witnessing a decline in domestic output, coinciding with increasing demand for the metal driven by clean energy initiatives. Alcoa's recent USD... Type: Article Category: End-user Markets China's steel production increases 19 March 2024 year-on-year in January-February, surpassing market expectations, according to GMK Center. Contrary to forecasts of a decline due to seasonal demand lulls and maintenance activities, Chinese steel companies ramped up production to 167.96 million tons... Type: Article Category: Other Iron Ore's turbulent journey 19 March 2024 commodities. Concerns about Chinese demand, particularly in the steel-intensive property sector, have been central to this decline. Notably, some mills have scaled back production in response to these challenges. ANZ Group Holdings highlighted ongoing... Type: Article Category: Other Iron and cement prices plummet 19 March 2024 to El Nabaa, the Chamber of Metallurgical Industries disclosed a significant drop in iron prices, attributing the decline to the decrease in the dollar's value on the black market. The data from the Chamber highlights Egypt's production and import... 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