Energy commodity prices increased in the second half of 2017

(Tue, 02 Jan 2018) After decreasing nearly 20% in the first half of 2017, the spot energy index in the Standard and Poor's (S&P) Goldman Sachs Commodity Index (GSCI) ended 2017 16% higher than the beginning of the year. Higher crude oil and petroleum product prices in the second half of 2017 were responsible for the increase in the S&P GSCI energy index.

Dry bulk: Panamaxes set for firm Q1 on Chinese grains demand

The Atlantic Panamax market is set for a firm start of 2018, on sustained grains demand from China and expected high exports volumes from S America and the US. According to the IGC, 2018 will see global soybeans imports rise by 4% to 153 mil mt, led by the Chinese appetite which is expected to account for more than 60% of the total exports.

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