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S&P Global Commodity Insights
S&P Global Commodity Insights analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture, and coal markets.
Total 602 episodes
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China buyers return to Asia seaborne market amid uncertainty on Beijing’s import policy, port restrictions
The Asian thermal coal market is at an interesting crossroads this week, as Chinese buyers make a cautious return to the Asia seaborne market after their week-long holiday. Meanwhile, buyers in Japan continue to wrestle with Australian coal suppliers over prices for term contracts starting October...
06:10
10/10/2017
Annual billet upcharges are still unclear, but demand is strong for 2018
Recent Platts spot billet upcharges are being driven higher by strong extrusion demand and a handful of supply issues, which may continue into next year. Karen McBeth, director of metals pricing and market engagement, speaks with Sarah Baltic Hilliard, Americas aluminum products pricing specialist,...
06:39
19/09/2017
Alumina market braces for stormy Q4 as price hits multi-year high
Over the past two weeks, the alumina market has seen high prices, fewer spot cargoes and talks of refinery cuts, sending prices to multi-year highs. In this podcast, S&P Global Platts editors Yuen Cheng Mok and Joanna Lim examine the surge in alumina prices and look at market expectations in...
04:18
14/09/2017
Russia, Asia cooperation set to strengthen amid geopolitical risks
Russia's recent focus on diversifying its export markets in Asia dovetails with plans by many countries in the region to expand refining capacities, which is reflected in a growing number of joint projects agreed recently.S&P Global Platts managing editor in Moscow Nadia Rodova discusses how...
07:50
13/09/2017
Reduction in antidumping duties for Argentinian biodiesel paves way for increased imports into Europe
The future of antidumping duties against Argentinian biodiesel were finally confirmed this week, stipulating duties to be reduced by September 28. S&P Global Platts European biofuels editor, George Griffiths and global editorial director for agriculture, Tim Worledge discuss the potential...
04:25
08/09/2017
PET supply tightness expected to remain in September following recent price hike
The polyethylene terephthalate market saw prices spike at the beginning of August when Lotte declared FM at one of its two plants in Wilton, UK. S&P Global Platts editor Sarah-Jane Flaws details the current situation and the expectation over the coming months.We welcome any feedback or...
05:53
06/09/2017
EU T2 ethanol bearish on sugar, antidumping uncertainty: is the hype overdone?
The advent of the new sugar crop and overhaul of the European sugar regime in October are causing a stir in the European ethanol industry, as market participants expect to see some sugar-beet-based ethanol capacity return to the market.Further down the line, concerns around the potential removal of...
04:58
04/09/2017
Eclipse prompted a balancing act by US markets as it curtailed solar power
Monday's eclipse cut a path across the US, causing concern for power grid operators — especially those with significant amounts of solar power generation. How did prices react, and what else is ahead in 2017? The North American power pricing team of Kassia Micek, Charles Noh and Jeff Zhou...
06:55
23/08/2017
Container shipping -- Amazon vs Maersk: The clash of titans shaking the container industry
Approximately 90% of the world’s trade travels by sea and one would expect the industry's supply chain to be the height of modernity by adopting disruptive technology and strategies. However, this could not be further from the truth, as S&P Global Platts commodities associate Eleni...
04:51
18/08/2017
Who, what, when, where and how? US biofuels industry grapples with RINs after waiver decision
A US appeals court rejected the Environmental Protection Agency's use of waiver authority to lower the federal biofuel mandate's blending volumes based on downstream constraints, but the decision leaves a lot of questions about how to find RINs to make up compliance shortfalls. Josh Pedrick and Wes...
06:35
02/08/2017
Removal of anti-dumping duties in Europe could see Malaysian biodiesel producers priced out of market
With the future of anti-dumping duties against Argentinian and Indonesian biodiesel uncertain, S&P Global Platts editors Tim Worledge, Samar Niazi and George Griffiths take a look at how this could change the global biodiesel market and the emergence of new trade flows stemming from this,...
06:23
20/07/2017
Asian alumina H2 outlook: Will markets be rocked by demand-supply imbalances?
Alumina prices started the year on a high note, and corrected in the second quarter. What's instore for the Asian alumina market for the rest of the year? Editors Yuen Cheng Mok and Joanna Lim examine the factors that could affect the market in the second half, including China's drive to tackle...
05:38
14/07/2017
2018 RVOs don't hold surprises for US biofuels markets, but concerns linger
The US Environmental Protection Agency's proposed 2018 renewable volume obligations were released July 5, and responses from biofuels and oil industry players were mixed. Biofuels reporters Josh Pedrick and Wes Swift, as well as policy reporter Brian Scheid, crunch the numbers and consider how...
05:29
06/07/2017
Asia thermal coal prices take off on step-change in China's demand as buyers chase spot cargoes
Asia's seaborne thermal coal market unexpectedly took off in June on a sudden surge in demand from Chinese buyers including large power utilities after a relatively subdued May. In this podcast, senior editor Michael Cooper joins editor Michelle Zhao in examining what's driving coal buyers in China...
06:39
23/06/2017
PDH, cracker expansions to address olefin shorts in Europe: Ineos
Tom Crotty, director of European petrochemical company Ineos talks about its recent expansion plans underpinned by the need for more ethylene and propylene in Europe. The plans include a new propane dehydrogenation unit in Europe and expansion of ethylene capacity in Rafnes, Norway and Grangemouth,...
10:33
14/06/2017
Russia, Saudi Arabia energy ties heading to new level
Russian and Saudi relations are emerging in the wider energy sphere and how these deepening ties feed into the whole OPEC/non-OPEC cooperation is begging the question as to whether one is a precursor to the other, according to associate editorial director Paul Hickin and managing editor Nadia...
06:39
06/06/2017
US secondary aluminum market expects greater slowdown in summer 2017
The US aluminum industry is keeping a close eye on automotive sales forecasts and competition among smelters with the approach of summer — a typical time for maintenance shutdowns. Pricing specialists Sarah Baltic Hilliard and Alex Ifkovits delve into secondary aluminum trends and the current...
05:56
01/06/2017
Rising lira, high Asian stocks and weak domestic demand hit Turkey's polyethylene markets
The Turkish polyethylene market faces tough times ahead due to the combination of a resurgent lira, high Asian polyethylene stocks, weak domestic demand and rising supplies from both east and western markets. S&P Global Platts North Africa and Turkey petrochemicals editor Daved Chohan and...
04:20
23/05/2017
Some US power prices higher than last year as summer approaches
The North American power pricing team takes a coast-to-coast look at the US electric power landscape, including forecast demand, generating capacity and prices for ERCOT, Cal-ISO and the PJM Interconnection. Kassia Micek, Charles Noh and Jeff Zhou evaluate how the power markets are shaping up as...
05:51
23/05/2017
Palm oil biodiesel volumes surge as Europe’s blenders soak up product
Volumes of palm oil methyl ester from Southeast Asia is heading towards the European biofuels complex, as Europe's blending and production hubs of Spain and Amsterdam-Rotterdam-Antwerp soak up imports to fire FAME 0 production. S&P Global Platts editors Tim Worledge and George Griffiths...
05:32
22/05/2017
Interview: IEA sees oil prices firming if OPEC cuts rollover
Neil Atkinson, Head of the IEA Oil Industry & Markets Division, talks to S&P Global Platts senior oil news editor, Robert Perkins, on the outlook for global oil market balances, the recent oil price slip, the implications of potential rollover of output cuts by OPEC and other key oil...
11:08
11/05/2017
Newly optimistic US coal industry focuses on flexibility, federal regulations
The Eastern Fuel Buyers Conference draws coal players from all basins and different market segments, and the mood had lifted this year as the industry welcomes an uptick in demand and new administration in the White House. Coal Trader editors Jeff McDonald and Jim Levesque both attended the...
04:23
10/05/2017
Could China tax on mixed aromatics imports alter EU gasoline blending economics?
Expectations are rife of an introduction of consumption taxes on mixed aromatics into China. But will this change the face of the European blending components market? Yuriko Kato, petrochemicals EMEA editor, explores this subject with the aromatics senior specialist, Sam Hashmi, and the gasoline...
06:03
05/05/2017
Met coal market volatility, Q2 benchmark delay in focus among coal, coke traders
Extremely volatile metallurgical coal and coke prices, and delays in industry reference pricing is pushing uncertainty into the market. There is speculation around the rate of return for shipments from Queensland, and how much further restocking is expected.At the recent Eurocoke conference in...
08:29
28/04/2017
Petrochemical M&A strategies in a world of political unknowns
Paul Harnick, head of chemicals and the global chemicals chief operating officer at KPMG, joins Yuriko Kato, reporter in the European petrochemicals team, to discuss the latest trends in M&As in the petrochemicals industry.Despite significant political unknowns, from Brexit negotiations to the...
11:47
18/04/2017
Shipping industry faces seismic shift in 2020 as sulfur cap looms
In 2020 the shipping industry is facing its biggest change since the shift away from burning coal a century ago as the IMO is set to impose a new 0.5% sulfur cap on marine fuel emissions. S&P Global Platts associate director Paul Hickin and editorial lead for bunker news Jack Jordan assess the...
06:00
18/04/2017
Turkish grains imports paradigm shift
Turkey stopped Russian grain imports following a government decision in mid-March. What impact did the lack of Russian grains imported into Turkey have on the milling and processing industry, how is the decision likely to affect the trading landscape, and will Turkish consumers continue buying...
11:04
12/04/2017
Ethanol tariff sought by Unica may not slow Brazil's imports: market
Unica, Brazil's sugar industry group, is seeking the reinstatement of an ethanol import tariff, citing greenhouse gas emissions from other producers and surging ethanol imports — especially from the US. Biofuels analyst Beatriz Pupo talks to US ethanol editor Josh Pedrick about how Brazil's...
06:29
11/04/2017
Commodities pricing now mostly on path to recovery, execs say
S&P Global Platts content director for EMEA metals Christopher Davis, and senior writer Robert Perkins -– just back to London from the shores of Lake Geneva -- discuss the outlook from the recent FT Commodities Global Summit in Lausanne, Switzerland. From oil to metals and mining to...
07:58
31/03/2017
Petrochemical expansions, exports dominate conversations at AFPM IPC
It was another busy International Petrochemical Conference from the American Fuel & Petrochemical Manufacturers in San Antonio, and our editors and analysts share what they learned from various conversations about olefins, polymers, aromatics and intermediates. John Calton, managing editor for...
07:27
30/03/2017
Northeast US coal burn increased in March even as retirements will impact power gen mix
It seems Mother Nature decided to skip most of winter in the Northeast US this year, but a recent cold snap bumped up power and gas prices in March and the region's generation mix is still changing. Charles Noh and Eric Wieser, with the power pricing team, examine how day-ahead power prices were...
05:16
22/03/2017
Asian thermal coal market: Japan April price talks, S Korean consumption tax in focus
Senior editor Michael Cooper and associate editor Mia Corazon Aureus give an overview of Asian thermal coal markets, including the latest in Japan's benchmark contract negotiations, South Korean imports and coal consumption tax updates, Indonesian prices, and our newly-launched Northeast Asian...
06:29
20/03/2017
UK, US sugar: If you cane beet them, join them
On both sides of the Atlantic, recent political developments are starting to have an impact on what will end up on your plate. Fresh back from the International Sweetener Colloquium, Tim Worledge, editorial director of pricing, sits down with Thomas Houghton, senior pricing specialist, to take a...
06:29
10/03/2017
Polymer volumes poised to pick up on US railroads as resin producers target exports
Last year, CSX's chemical segment surpassed coal as the railroad's largest revenue generator as it and other railroads are moving more resin and years of polymer production growth is coming. Kristen Hays, petrochemical analyst, examines how railroads are looking to fill space where coal revenues...
06:18
22/02/2017
Brexit’s impact on the UK natural gas market
Ahead of the launch of formal Brexit divorce negotiations expected in March, Thierry Bros, senior research fellow at the Oxford Institute for Energy Studies joins Lucie Roux, senior European gas specialist at S&P Global Platts, to discuss the challenges ahead for an import-dependent UK gas...
08:27
21/02/2017
How will European producers cope without anti-dumping duties on Chinese PET?
On February 8, the European Commission dropped its anti-dumping duty on imports of PET from China, which were as high as 22.9%. But will the European PET producers now find themselves with an elephant in the room? Shashank Shekhar, petrochemicals EMEA news editor, explores this subject with the PET...
06:01
17/02/2017
Russian agriculture flourishes against the odds
It would hardly be an understatement to say Russia has fallen on hard economic times in recent years, although this does not tell the whole story. Tim Worledge, editorial director of pricing, joins Erin Burns, senior analyst, and Thomas Houghton, senior pricing specialist, to discuss some of the...
06:10
13/02/2017
Russia weighs up January crude output cut, impact of new US administration on oil sector
Preliminary data for January indicates that Russian oil producers are complying with an OPEC/non-OPEC deal to cut crude output, which alongside Russia's relationship with the new US administration looks set to have a significant impact on Russian oil in 2017. Nadia Rodova, managing editor at...
06:57
03/02/2017
US coal producers disciplined in the face of higher prices, lower stockpiles
US thermal coal prices have risen over the past few months, largely lifted by higher gas prices for power generation, and forecasts for a tighter gas market in 2017 is good news for coal producers. Jim Levesque and Jeff McDonald, associate editors for Coal Trader, detail price movements for Central...
04:48
31/01/2017
Sugar's fortunes delicately poised as supply expectations edge towards surplus
Tim Worledge and Claudiu Covrig look at the intricate interplay between supply and demand in the global sugar markets, and mull the impact of recovering sugar production in India and Thailand, the return of the EU to the international markets and the effect of prolonged poor monsoons in India which...
06:19
30/01/2017
BPF outlines UK's plastic industry's Brexit concerns
Mike Boswell, chair of the Brexit Committee at the British Plastic Federation assesses the challenges for an import dependent UK plastics industry post Brexit. UK converters face legislation changes, currency volatility and uncertainty in demand as the UK moves towards leaving the European Union.We...
13:21
27/01/2017
2017 Outlook: European power perks up
After years of steady price declines, European power markets are dancing to a lively tune of nuclear outages, low wind and spiky Winter demand. Will prices rebalance once the current capacity squeeze is over? S&P Global Platts power reporters Henry Edwardes-Evans and Andreas Franke compare...
06:30
24/01/2017
Container shipping: What next for the smaller TEU fleet?
Can the abandoned smaller TEU vessels become the workhorse for the customer focused container market? S&P Global Platts senior editor Andrew Scorer explores some potential options for these vessels to become a key player and provide a competitive advantage.RELATED CONTENTBlog post -- Container...
16:14
23/01/2017
Gas generation squeezed by coal in US winter power markets
Wholesale electric power prices in the US are starting 2017 by ticking upward, lifted by firmer natural gas prices, which overall has caused coal generation to take some of gas generation’s share in the overall fuel mix. Kassia Micek and Eric Wieser of the North American power pricing team...
04:19
18/01/2017
Headwinds for US aluminum alloy market likely to continue into 2017
It's been tough going for the secondary aluminum market over the last few months, and an ample alloy supply is weighing on the US market as the year ends. Sarah Baltic Hilliard, metals market editor in Pittsburgh, assesses the current market level for the A380 aluminum benchmark and what is...
08:50
14/12/2016
Coal prices wait on China production and winter severity
S&P Global Platts editors Jacqueline Holman and Cameron Carswell discuss recent moves in European and Asian thermal coal markets, from the rapid increase in prices which saw the Australian market hit $115.50/mt FOB for 6,000 NAR kcal/kg cargoes, to the more recent price retreat and where the...
06:00
25/11/2016
One month after the implementation of gas balancing schemes in Italy and Spain
In October 2016, new gas balancing schemes were rolled out in Italy and Spain to align the two countries gas hubs with European standards.Market reporters Dalila Ouerghi and Mario Perez discuss the implementation of these new gas balancing regimes, their effect on liquidity and the feedback from...
04:50
14/11/2016
The changing gas and power landscape under Trump
It's a much different picture for American natural gas, coal and power than just a few days ago as the US energy industry eyes a future under President-elect Donald Trump. Not only will key Washington appointees shift the tone of agencies like the Federal Energy Regulatory Commission and the...
07:57
10/11/2016
Turkey surprises market with $15/mt thermal coal import duty
S&P Global Platts editors Jacqueline Holman and Cameron Carswell discuss the surprise announcement from the Turkish government to levy a $15/mt tax on imported thermal coal for power generation, the short term impact of the tax, the potential beneficiaries and the ways in which market players...
05:30
10/08/2016
Thermal coal prices surge as Chinese buyers scramble for cargoes in supply-driven market
The seaborne thermal coal market has seen a huge turnaround with an unexpected surge in prices since June. In this podcast, senior editor Michael Cooper joins managing editor Deepak Kannan in examining what's driving coal buyers in China to bid higher for cargoes from Australia and Indonesia, the...
03:37
05/08/2016