Commodity Trading 2020 – Week 12 – News Selection

Selection by Mikael R. – LNG

Papua New Guinea LNG plant sells April cargo at nearly $4/mmbtu – sources

PetroChina suspends some gas contracts as coronavirus hits demand: sources

Selection by Walid H. – Cotton

Cost of falling cotton production

China Pakistan FTA-2: A New Regional Hub For Cotton Garments In The Offing?

Rooting for more cotton import?

Selection by Raïssa B. – Oil

Glut of crude swells across Atlantic basin on coronavirus, OPEC+ hikes

Oil storage to max out in months as coronavirus crushes demand

Selection by Nicolas G. – Gasoline / Diesel

Diesel cracks outperform amid expectations of lower global gasoline demand

Factbox: Oil products markets in turmoil as coronavirus infects demand

Selection by Laurent M. -Freight / Cargo

Alaska maritime cargo companies confident coronavirus won’t disrupt shipments

‘Nothing’s ever hit us like this’: Cargo from China plummets as COVID-19 shakes supply chains

Selection by Marcelle D. -Coffee

Commodities Melt Down But Coffee Perks Up

Starbucks’ Gathering-Spot Model Is Threatened by Coronavirus

Coffee Has Been Immune To Risk-Off

Selection by Sheba W. -Wheat

UPDATE 1-S.Korea’s NOFI tenders to buy 60,000 tonnes feed wheat

Paris wheat futures rise on euros steep fall

Selection by Jerome M. -Copper

China copper inventories near 4-yr high as supply swamps virus-hit demand; steel stocks build slows

Top metal miners curb operations as governments fight virus/

Selection by Stefan B. – Aluminium

Indonesian Mining Giant Seeks to Triple Aluminum Production

Biggest Factory Closing Since World War II Hits U.S., Europe