Dry bulk

The spread between Argus 65% fines and the Argus ICX price for 62% fines widened to US$28.35/dt on 4 July.

The record export result shows that “for every AUS$10 that Queensland earns through exports, the resources sector contributed eight of those 10.”

In the midst of Aurizon's threat to halt the movement of coal, coal exports were reportedly higher this year compared to 2017 due to stronger global demand and the impact of Tropical Cyclone Debbie.

The Argus PCX price for 62% portside fines was at an average discount of US$2.43/dry tonne in June on the Argus ICX price for 62% seaborne fines.

Konecranes’ Gottwald Model 2 crane will play a key role in the supply chain from bulk vessels to the coal-fired power plant.

Archer Daniels Midland Company (ADM) and Cargill formally launch their new joint venture (JV), SoyVenTM, to provide soybean meal and oil for customers in Egypt.

QRC believes a new Australian Government report highlights the risk of “potential capacity losses from proposed changes to the maintenance schedule of Aurizon, the rail network operator of the Central Queensland Coal Network.”

Four SAMSON eco hoppers with ATEX certification are set to double throughput at the Port of Mombasa.

The expanded system of conveyor belts directly connects six storage areas in the port territory with berthing shiploaders, which ensures the continuity of col supply.

Enviva Partners has revealed that its Chesapeake terminal is once again in full operation.

Molybdenum production in the US is up in the first quarter of the year.

Star Bulk Carriers Corp. has revealed the pricing of a secondary public offering of 5 million common shares.

The latest EU customs data shows that Russian thermal coal shipments to leading coal consuming countries in northwest Europe is on the up, rising 7% over a year.

Deals for 64% Fe Indian pellet in Tangshan were made at between Yn. 855-875 /wet metric tonne (wmt) this week, up by Yn. 5-25/wmt from last week.

Commercial Metals forecasts US and Polish demand to remain strong, following its increase of steel and scrap metal shipments in the US.