Media report: Global shipping faces disruptions as Panama Canal crisis unfolds

04 Dec 2023 To cope with disruptions, major shipping companies impose Panama Canal surcharges. MSC will impose a US$297/container Panama Canal Surcharge (PCS) from December 15, 2023.

04 Dec 2023

Indonesia introduces PP46/2023, shaping new rules for raw material imports

The government aims to facilitate API-P industrial companies by easing the import of finished goods for complementary purposes, market tests, and after-sales services.

04 Dec 2023

Dalian Commodity Exchange: 04 December 2023 (Night trading)

The 2401 for January 2024 delivery contract on Dalian Commodity Exchange on 04 December 2023 settled as follows:

04 Dec 2023

Dalian Commodity Exchange: 04 December 2023

The 2401 for January 2024 delivery contract on Dalian Commodity Exchange on 04 December 2023 settled as follows:

04 Dec 2023

Brazil raises import duties on key polymers to enhance domestic competitiveness

Official data shows a notable uptick in PE and PP imports by 18% and 24%, respectively, during the first 10 months of the year.

01 Dec 2023

OPEC+ Surprise: Voluntary output cuts triggered over 2% drop in oil prices

After much disagreement and deliberation, the group agreed to voluntary output cuts approaching 2 million barrels per day. However, about 1.3 million barrels were already a voluntary cut from Saudi Arabia and Russia