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Pakistani tenders for the purchase of 300,000-500,000 metric tons sugar

Posted to Maritime Reporter on July 11, 2025

European traders reported on Friday that Pakistan's Trading Corporation of Pakistan, a state-owned agency, had issued an international tender for the purchase and import of 300,000 metric tons to 500,000 metric tonnes of white refined sugar.

Official: US calls on South Korea to join in efforts to limit China's trade with South Korea

Posted to Maritime Reporter on July 11, 2025

A senior official of the Seoul trade ministry told reporters on Friday that the U.S. demanded South Korea to join its efforts in trade negotiations with China to limit China's influence. The countries are currently discussing cooperation in shipbuilding.

Sources say that Saudi oil exports from China will reach a two-year high this August.

Posted to Maritime Reporter on July 10, 2025

Five trade sources reported on Friday that Saudi Arabia's crude exports to China will reach their highest level in over two years this August. The top exporter is trying to regain its market share with the world's largest importer. A tally of…

Brazilian oil may find new markets in the face Trump's tariffs

Posted to Maritime Reporter on July 10, 2025

Experts say that Brazil's oil will remain competitive on the international market even if President Donald Trump's 50% tariff is implemented on August 1. The main Brazilian export to the U.S. is oil. This product was previously exempted from…

The European Commission proposes a floating Russian oil price cap

Posted to Maritime Reporter on July 10, 2025

Four EU diplomats say that the European Commission will likely propose a floating Russian crude oil price cap as part of a draft new sanctions package this week in an effort to overcome the opposition of some member states. In its 18th package of sanction against Russia…

After a decline in wheat sales, Russia takes measures to boost agricultural exports

Posted to Maritime Reporter on July 10, 2025

After international wheat sales fell to their lowest levels since 2008, the Russian government has ordered measures to boost agricultural exports. Meanwhile, traders report that new crops are slow to arrive at Black Sea terminals. Sovecon estimates that July wheat exports will be between 2…

South Korea's FLC purchases about 60,000 metric tonnes of soymeal

Posted to Maritime Reporter on July 10, 2025

The Feed Leaders Committee, a South Korean import group, purchased 60,000 metric tonnes of soymeal in an international auction on Thursday. Soymeal was sourced from optional origins. It is believed that the FLC purchased from Cofco, a trading house.

The Sailing-Admiral's Cup brings world's elites to Cowes

Posted to Maritime Reporter on July 10, 2025

The Admiral's Cup, which has been absent for two decades, returns to Cowes in this month. A top-tier fleet of international teams, including America's Cup veteran, Olympic medallists, and offshore specialists, will compete for the coveted trophy.

Ferrero nears about $3 billion deal for WK Kellogg, WSJ reports

Posted to Maritime Reporter on July 9, 2025

The Wall Street Journal reported Wednesday that the Italian candy company behind Ferrero is close to a $3 billion deal with WK Kellogg. This was based on the reports of people familiar with this matter. After the bell, shares of WK Kellogg (the…

Gunvor to stop oil terminal operations at Europoort Refinery

Posted to Maritime Reporter on July 9, 2025

Gunvor, the global commodities trading company, plans to stop all terminal operations at its Europoort refinery in Rotterdam (Netherlands), a spokesperson for the company said on Wednesday. Gunvor will consult with the refinery's works council regarding its plans, the spokesperson said.

Exports of cereals from France's Rouen hub to drop by 40% in 2024/25

Posted to Maritime Reporter on July 9, 2025

The operator of the port said that the poor French harvest was the reason for the 40% drop in 2024/25 cereal shipments. Haropa Port, the port operator, said that 5.2 million tons of cereals were loaded in Rouen during 2024/25 compared to 8.7 millions tons in 2023/24.

Tunisia purchases approximately 50,000 metric tonnes corn at tender, traders claim

Posted to Maritime Reporter on July 9, 2025

European traders reported that the Tunisian grain agency ONF purchased about 50,000 tons of corn from an international auction on Wednesday. The corn was to come from optional origins. The 25,000 tons were purchased in two consignments. One from Raya Trading House at $252.27 per ton…

Tunisia receives offers for 50,000 T of corn, traders report

Posted to Maritime Reporter on July 9, 2025

European traders reported that the lowest price offered by Tunisian's state grain agency ONF in its international tender on Wednesday for about 50,000 tons of animal feed was $244.69 per ton, including freight and cost. No purchase has been made yet, but offers are still being evaluated.

Bangladesh receives offers for 50,000 T of wheat

Posted to Maritime Reporter on July 9, 2025

European traders reported that the lowest price offered by Bangladesh's state grain buyer in an international bid to buy and import 50,000 tons of wheat was $268.90 per metric ton CIF, liner out. Traders said that offers are still being considered but no purchases have yet been made.

Iran's SLAL bids for 60,000 T of corn and soybean meal

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Iranian state-owned animal food importer SLAL had issued international tenders for up to 60,000 metric tonnes of animal feed corn, and 60,000 metrictons of soymeal. They said that the deadline for submitting price offers was also Wednesday, 9 July.

The FLC of South Korea has won a tender to purchase up to 69,000 T of corn

Posted to Maritime Reporter on July 9, 2025

European traders reported on Wednesday that the Feed Leaders Committee of South Korea (FLC) had issued an international tender for purchase between 52,000 to 69,000 metric tonnes of animal feed corn. The deadline to submit price offers for the tender is Wednesday, July 9.

Iranian SLAL offers 120,000 T of feed barley to traders

Posted to Maritime Reporter on July 8, 2025

European traders reported on Tuesday that the Iranian state-owned animal feeding importer SLAL had issued an international bid to purchase at least 120,00 metric tons animal feed barley. They said that the deadline for submitting price offers to the tender is on Wednesday, July 9.

Russell: Iron ore remains calm amid China uncertainties and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

Tunisia is reportedly looking to purchase around 50,000 tonnes of feed corn

Posted to Maritime Reporter on July 8, 2025

European traders reported on Tuesday that the Tunisian ONF, a state agency, has launched an international tender for the purchase of approximately 50,000 metric tonnes animal feed corn. Grain can come from a variety of origins. They said that the deadline for submitting price offers was Wednesday…

Russell: Iron ore remains calm despite China's uncertainty and US tariff turmoil

Posted to Maritime Reporter on July 8, 2025

In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…

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