India’s palm oil imports to taper down in April-June quarter: traders

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This post was originally published on this siteIndia’s demand for palm oil will likely ease in the second quarter on shrinking cost advantage over competing vegetable oils, along with weak domestic consumption and inventory buildup, sources told S&P Global Commodity Insights April 20. About 100,000 mt to 150,000 mt of palm oil orders will likely […]

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Fujairah April term ex-wharf bunker premiums normalize after brief spike

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This post was originally published on this siteEx-wharf marine fuel 0.5%S cargoes for balance-April term contractual supply at the UAE’s bunkering hub of Fujairah have been concluded at premiums in the $3-$8/mt range to benchmark FOB Singapore marine fuel 0.5%S cargo values, following brief spikes to double-digits in the week ended April 14, traders in

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China PDH plants to ramp up rates in April on propylene margins, cheap propane feedstock

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This post was originally published on this siteChina’s propane dehydrogenation plants are restoring processing rates to up to 100% of capacity in April as they capitalize on recovering propylene margins following months of losses, prompting higher imports of cheaper propane feedstock, trade sources said. The China petrochemicals market has cheered projections of higher economic activity

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