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Market Updates: #DryBulk

After a surge in coal prices in the second half of 2016, the market saw a huge decline in the thermal and coking coal market since the start of this year, though still well above the depressed times where prices we below USD$50 and USD$80

Market Updates: #LNG

With global production set to rise 11% from 2016 of which the bulk coming from the US and Australia, LNG seems to be in the forefront of the media these days. The start of 2017 has been bullish as demand increased across North Asia, China

Philippines: Oilseeds and Products Annual Updated 2017-04-08

Philippine soybean production is minimal and the negligible amount of imports is purchased largely by one crusher. Copra production in MY 16/17 is forecast at 2.2 million tons (which approximates industry’s production forecast for CY 2017), up 5 per cent from 2.1 million tons in MY

Burma – New Pest Risk Analysis Requirements

A new Myanmar pest risk analysis (PRA) requirement went into effect on January 1, 2017, which requires exporters to address questions contained in a Myanmar government questionnaire. The PRA information must be submitted by the designated National Plant Protection Organization, thus, exporters are recommended to

United Kingdom: UK Triggers Two-year Process to Exit EU

The United Kingdom (UK) triggered Article 50 of the Treaty of Lisbon on March 29, 2017, formally launching its exit process from the European Union (EU) through a letter from Prime Minister (PM) Theresa May to European Council President Donald Tusk. Article 50 allows up to two

Thailand: Cotton and Products Annual

MY2016/17 and MY2017/18 cotton imports are forecasted to increase to 1.3 – 1.4 million bales in line with a recovery in the spinning industry. In MY2016/17, spinning mills are expected to run down large inventories of cotton yarn accumulated during the economic downturn over the past couple