The imports of cement into China soared in May to 4Mt, twice the level seen at the start of the year as the housing market rebounded and infrastructure spending showed strong growth, according to brokerage Braemar ACM.
The increase in incoming trade is helping smaller-sized bulk carriers, said the brokerage firm.
Markets sharply lower on speculators reducing positions in fear of system changes– CBAM launch problem as verifiers not ready
The EUA market turned negative during January and February as priorities on the political agenda...