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China state planner says to step up oversight of iron ore market
China will crack down on regulatory violations to maintain order in the iron ore market, and will continue to strengthen supervision of the futures and spot market, its state planner said on Thursday.
Higher capesize rates help Baltic index snap 3-session losing streak
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Monday, supported by an uptick in capesize vessel rates.
Higher rates across vessel segments prop up Baltic index
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-session long streak of declines on Tuesday, on a pickup in rates across all vessel segments.
Lower capesize, panamax rates weigh on Baltic index
The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pressured by losses in the larger capesize and panamax vessel segments.
Baltic index down as capesize vessel rates fall
The Baltic Exchange’s main sea freight index fell for a second straight session on Monday, weighed down by a dip in capesize vessel rates.
Iron ore erases gains on lingering demand concerns, weak steel prices
Dalian iron ore futures fell on Thursday, erasing earlier gains as a weak steel market and lingering woes over steel production cuts offset optimism about resilient demand after some mills in China’s top steel production hub Tangshan resumed production.
Brazil sugar production up 8.9% in early July, says UNICA
Brazil’s center-south sugar production rose 8.9% in the first half of July when compared with a year earlier, totaling 3.24 million metric tons, data from industry group UNICA showed on Tuesday.
