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economy

Media: Chinese buyers cautiously re-engage with US propane as trade tensions eased
12 Jun 2025 Market participants view this as a potential turning point in a trade relationship that has been largely dormant since punitive tariffs derailed flows during the height of the US-China trade war.
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12 Jun 2025

economy

Malaysia to impose 5% sales tax on over 4,800 goods from July; including petchem products

Among the newly taxed items are major petrochemical inputs under HS headings 3901 through 3907, covering polymers such as polyethylene
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12 Jun 2025

economy

EIA: US crude stocks fell as refineries ramp up for summer demand

The US Energy Information Administration (EIA) has reported a notable drop in commercial crude oil inventories last week, driven by stronger refinery activity as the sector enters the peak season.
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12 Jun 2025

economy

Dalian Commodity Exchange: 12 June 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 12 June 2025 settled as follows:
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11 Jun 2025

economy

Freightos Baltic: Transpacific container rates surge past $6,000/FEU amid frontloading rush

Global ocean freight markets saw a sharp and widespread escalation in rates over the past week, driven by robust early peak season demand and frontloading activity ahead of looming tariff changes.
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11 Jun 2025

economy

Explosion and fire aboard container vessel en route to India; PVC cargo affected

Several Indian importers have confirmed that containers carrying Taiwanese-origin PVC were onboard at the time of the incident.
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11 Jun 2025

economy

Dalian Commodity Exchange: 11 June 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 11 June 2025 settled as follows:
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11 Jun 2025

economy

Crude market eased from highs as markets grappled with trade policy uncertainty

Oil prices retreated slightly on Tuesday but remained close to seven-week highs, as traders balanced cautious optimism over US–China trade talks with renewed concerns about global economic growth and tariff risks.
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