[Domestic News]In the first quarter, South Korea's sulfuric acid exports were constrained, prompting buyers to turn to Japan and China for sourcing.

South Korea exported 583,400t of sulphuric acid during January-March, 5pc less than a year earlier, according to GTT data, because of production issues and a scheduled turnaround.

2024-04-29

[Domestic News]Mysteel Interpretation: National Peanut Prices Predominantly Exhibiting Weak Fluctuations

In early September, the weather in the peanut-producing regions of Henan improved, and local spring peanuts began to be fully available in the market. The increase in supply led some oil mills to enter the market for purchasing, providing some support to the market prices. However, due to the high peanut prices, middlemen were cautious about entering the market, and selling pressure gradually increased in the production areas. 

2023-10-08

[Domestic News]Mysteel Analysis: August Soybean and Soybean Meal Customs Data Analysis and Future Outlook

According to data released by the General Administration of Customs of China, in August 2023, China's soybean imports amounted to 9.36 million metric tons, an increase of 2.2 million metric tons compared to the same period last year, with a year-on-year growth rate of 30.7%. Compared to July, soybean imports in August decreased by 370,000 metric tons, a month-on-month decrease of 3.8%. 

2023-09-26

[Global News]OCP re-enters the market, and the offshore price of sulfuric acid in China has risen significantly

Sulphuric acid fobs have risen sharply since mid-August as fertilizer producer OCP returned to the market — following several months of inactivity — to buy sulphuric acid, a key feedstock for phosphate fertilizer production.

2023-09-13

[Domestic News]Mysteel Analysis: July 2023 Sesame Import Data Interpretation.

According to customs statistics, China's imports in July 2023 amounted to 42,965.238 tons, a year-on-year increase of 2,295.352 tons, or 5.61%. Compared to the previous month, imports increased by 11,807.779 tons, a growth of 37.9%. The import value totaled $75,304,510 USD, marking a year-on-year decrease of $161,354,490 USD, or a decline of 68.18%. 

2023-08-30

[Domestic News] Global Growth Limited in 2023, Urea Market Sentiment Still Positive

The addition of new international urea facilities is difficult to quantify, but it has a significant impact on the annual supply and demand balance of urea in 2024. The purpose of this article is to further clarify the future changes in international urea production capacity and the specific circumstances.

2023-08-16

[Global News]The increase in supply will drag down the prices of Gulf sulfur

A surplus of sulfur supply at the US Gulf coast is likely to persist through the summer as refineries in the region operate at high utilization rates to meet rising fuel demand, maintaining pressure on regional sulfur pricing.

2023-08-02

[Global News]Malaysia’s urea exports rise on year in May

Malaysia's urea exports totalled 122,700t in May, up by 45pc from a year earlier, according to latest GTT data.

2023-07-13