According to LME data, copper inventories totaled 200,225 metric tons on January 3, down 425 metric tons on a day-to-month basis. Aluminum stocks totaled 1,101,800 metric tons, an increase of 425 metric tons. Inventories of aluminum alloys remained at 13,900 metric tons.
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| PVA |
In the past five years, Romania’s imports of goods have been increasing year by year. In 2016, Romania imported a total of 74.4 billion U.S. dollars in merchandise imports, making it the 32nd largest importer of goods in the world.
Romanian bauxite imports accounted for 1.4% of its total value of imports. In 2016, Romania’s bauxite imports increased compared to 2015; however, it is estimated that the country’s bauxite imports will decline in 2017.
According to international trade data, Romania imported 1,386,109 tonnes of bauxite from the global market in 2016, an increase from the 1,367,887 tonnes imported in 2015. It is estimated that the bauxite in Romania will be reduced to 1339990 tons in 2017.
Romanian bauxite imports in 2015 and 2016 totaled $ 64 million and $ 62 million, respectively. It is estimated that the total value of bauxite imports in Romania will be reduced to 41.4 million U.S. dollars in 2017.
Sierra Leone is the largest source of bauxite imports in Romania. Last year, Romania imported a total of 1,370,182 tons of alumina from Sierra Leone. In addition to Sierra Leone, Turkey, China and Germany are also larger sources of bauxite imports in Romania.
| PVA |
Russia and Belarus have agreed to export 24 million tonnes of oil to Belarus in 2018, Russia’s deputy minister of energy, Morozov said, according to Russian news agency Tass. Of these, 18 million tonnes will be processed at the Belarusian refinery and the remaining 6 million tonnes will be exported to non-Eurasian countries, and Belarus will receive export tariff revenues from these oil.
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As of December 18, the methanol FOB Gulf of America reported 119.75-120.25 (398.7-400.4 USD/ton) cents/gallon, up 0.5 cents/gallon; methanol FOB Europe Rotterdam Gazette 325-326 (382.9-384 USD/ton) EUR/Ton, Fell 0.5 euros/ton.
| PVA |