South Korea's KOSPO seeks LNG cargo for September delivery
The company is seeking the cargo on a JKM-linked basis to be delivered between September 1-15. It is to be delivered to one of the Kogas-operated terminals in Incheon, Pyeongtaek, Tongyeong or Samcheok.
The JKM, or the Japan-Korea-Marker, is the LNG benchmark price assessment for spot physical cargoes in Asia.
The tender closes on July 15.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
16 minutes ago
- Reuters
Indian farmers accelerate summer crop sowing amid strong monsoon
MUMBAI, July 21 (Reuters) - Indian farmers have accelerated the planting of summer-sown crops such as paddy, soybeans, cotton and corn, following above-average monsoon rainfall in July which increased the moisture levels required for sowing, according to government data. The monsoon is the lifeblood of India's nearly $4 trillion economy, delivering almost 70% of the rainfall needed to water farms and replenish aquifers and reservoirs. Nearly half of India's farmland is not irrigated and depends on the annual June-September rains for crop growth. The country has so far received 6% more rainfall than normal since the start of monsoon season on June 1, which helped farmers to plant summer crops on 70.83 million hectares (175 million acres) by July 18, up 4.1% from the last year, according to the Ministry of Agriculture and Farmers' Welfare. Farmers have planted 17.67 million hectares with rice paddy, up 12.4% on the same period last year, as a hike in support prices prompted farmers to expand the area. India is the world's biggest exporter of rice and the top importer of edible oils such as palm oil and soyoil. Farmers planted soybean on 11.17 million hectares, down from last year's 11.9 million hectares but having accelerated in the last week. Corn was planted on 7.1 million hectares, up from 6.17 million a year earlier. The cotton area was 3.4% lower at 9.86 million hectares, having also seen an increase in the past few days, while pulses planting rose by 2.3% from a year ago to 8.2 million hectares. The farm ministry keeps updating the provisional sowing figures as it gathers more information from the state governments. Farmers are inclined to expand the area under paddy as the government buys large quantities at state-fixed support prices, which is not the case for other crops, said a Mumbai-based dealer with a global trading firm. "So far, the weather's been pretty good for crops, except in a few parts of north-eastern India. If the monsoon stays strong next month, we could be looking at a bumper harvest across the country," he said.
Reuters
an hour ago
- Reuters
Elliott urges new BP chair to tackle operational underperformance
July 21 (Reuters) - Elliott Investment Management, one of BP's (BP.L), opens new tab largest shareholders, on Monday called on the energy giant's new chairman Albert Manifold to "urgently address BP's shortcomings". "Elliott believes the company requires decisive and effective leadership to overcome its chronic operational underperformance," a spokesperson for Elliott told Reuters in an emailed statement. BP has slashed planned renewables spending in a major strategy shift aimed at boosting earnings and investor confidence, while its falling share price has fuelled takeover and break-up speculation. Bloomberg News first reported Elliott's comments earlier on Monday.
Reuters
an hour ago
- Reuters
Jane Street gets approval to resume trading in India after $567 million deposit
July 21 (Reuters) - India's market regulator said on Monday it has lifted trading restrictions on Jane Street after the U.S. high-frequency trading firm deposited $567 million. The Securities and Exchange Board of India had in an interim order on July 3 barred the firm from trading securities in the Indian market, saying some of its trading strategies were manipulative and led to losses for retail investors. The regulator froze $567 million of its funds, with a condition that Jane Street could resume trading if an equivalent amount was deposited in an account that gives the regulator rights over the money until its investigation is complete. SEBI said on Monday it has directed the National Stock Exchange of India and the Bombay Stock Exchange to closely monitor the activity of the U.S.-based quant trading firm. The regulator had sent an email to the firm on Friday informing them about lifting the restrictions, Reuters reported earlier in the day, citing two sources who declined to be named as they were not authorised to speak to the media. The two stock exchanges are yet to facilitate Jane Street's buying and selling of Indian securities, one of the sources said. "While the firm has been allowed to resume trading in India, it has given an undertaking to SEBI that it will not trade in options. The firm also does not intend to trade in cash till it has explained its trades to SEBI," the second sources told Reuters.
