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economy

Freightos: Weekly Ocean Freight Index Update
18 Dec 2024 The persistent rate elevation can be attributed to an early surge in pre-Lunar New Year demand, compounded by the ongoing Red Sea disruptions, which have necessitated extensive route diversions. Additionally, adverse weather conditions in China and Japan generate localized congestion at critical container hub infrastructures.
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18 Dec 2024

economy

Dalian Commodity Exchange: 18 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 18 December 2024 settled as follows:
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17 Dec 2024

economy

Oil market settled lower on disappointing Chinese economic data

Global oil prices fell on December 16, weighed down by disappointing economic data from China, the world's largest oil importer, despite the Chinese government's recent commitments to implement stronger stimulus measures.
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17 Dec 2024

economy

Dalian Commodity Exchange: 17 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 17 December 2024 settled as follows:
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16 Dec 2024

economy

Oil market rose to multi-week highs on geopolitical tensions and sanction prospects

Meanwhile, Chinese demand provided additional support to prices. Data released this week revealed that China, the world’s largest crude importer, experienced annual growth in crude imports for November—the first such increase in seven months.
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16 Dec 2024

economy

Dalian Commodity Exchange: 16 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 16 December 2024 settled as follows:
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13 Dec 2024

economy

Oil prices weakened on IEA supply forecast and China demand concerns

Global oil benchmarks declined on Thursday, November 12, 2024, as market sentiment was pressured by the International Energy Agency's (IEA) forecast of ample supply for the coming year. This followed OPEC+'s decision in the previous session to lower its demand growth projections for the fifth time
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13 Dec 2024

economy

Dalian Commodity Exchange: 13 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 13 December 2024 settled as follows:
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