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Oversupply remains a key driver of price in the European cobalt metal market, with a continued The landscape of Ukraine's grain exports has been dynamic over the last three months, with prices This five-part story series examines the coking coal market from a few angles. This first part focuses on India's rising importance in spot markets. The second part visualizes the nation's meteoric rise in met coal demand , the third examines Australia's continued dominance as an exporter, the fourth examines Chinese demand. This part explores how US exports hinge on the growth of Asia's blast furnace capacity. US metallurgical coal suppliers have sharpened their focus on Asia, betting on firmer growth projections for emerging markets following sluggish demand in Europe and Brazil, and as interest in steel decarbonization pushed coke plants to shut in the UK and Czech Republic. US producer Arch Resources said large blast furnace mills built in Indonesia, Vietnam and Malaysia are seeing increased demand for imported coals. This is on top of new demand and import met coal growth in China and East Asia for US high-volatile hard coking coals with specific qualities unavailable from suppliers such as Australia and Canada. Warrior may close in on the largest US met coal miners by production volume once the Blue Creek underground high-vol mine starts longwall production, planned for Q2 , and Mine No. The high-volatile Blue Creek mine is starting production in Q3 this year using continuous miner units. Atlantic demand in the first quarter was strong, focused on contract demand with limited spot opportunities, he said in a May 1 analyst call. A recent cooling in spot met coal demand from India and China led to lower realized spot pricing compared with and Less immediate interest in US coals, which see longer sailing times to Asia along with market risks with eventual usage in coke plants and steel deliveries, has been picked up in the market. Arch also saw limited spot demand in Asia even though new term-based interest in the region to take high-vol A was strong, with Slone saying the producer was not looking to buy urgently. Despite ongoing weaker steel industry cycles in China and other parts of Asia, the region's steel output continues to grow, mainly using the blast furnace route. Imports from Australia, the US and Canada were competing with generally lower quality supplies from Russia, Mongolia, Indonesia, Mozambique, as well as domestic coals from China and India. With projected faster economic expansion in emerging markets such as Southeast Asia and the Indian subcontinent, long-term steel demand will likely push imports of met coal, including pulverized coal injection grade, which is blown into blast furnaces to cut coke consumption. Such mines are targeting Asia and Atlantic markets, with spot sales and trials to ensure end-users and other buyers are accustomed to coal specifications, so they can be properly utilized in coke blends and evaluated. A wider range of US coals have seen an increase in trials across Asian and Atlantic markets, especially into India. Some imports were recorded for Leer, Wellmore and US low-vol and mid-vol brands and specification coals, partly for use in industrial trials and new marketing. Alabama mines as well as Central Appalachian projects from Alpha and Coronado, are helping to meet demand amid resource depletion. Some US coals have seen greater middlings being utilized or use of specific blends in Asian trade. As well, a wide range of US coals have seen trials in various coke batteries, including stamp charging plants that can require less premium and high fluidity coals compared with gravity charging coke plants. Trials and inaugural commercial shipments may see specific pricing terms to incentivize taking on new coals. Ramaco and the biggest US met coal miner Alpha Metallurgical Resources have invested to supply a range of low-vol, mid-vol, and high-vol coking coals from their own mines. More users are realizing that it is possible to produce premium quality met coke just using US coals with no Australian premium grades, according to Bill McFadden from US-based trader Deep Creek Resources. Arch, which uses Curtis Bay B to export Leer coal, earlier said the closure of Baltimore for coal shipments should not have any impact on production. The halt has 'likely constrained Q2 coal shipments somewhat,' the extent depending on timing and potential to load after reopening. Some earlier coal shipments via the Suez and Panama canals to meet preferences from end-users, or to reduce timing risk in cargo pricing with discharge, have become complicated by higher freight costs and lower interest from shipowners to transit the Red Sea. Please use the button below and we will bring you back here when complete. FEATURE: Ukraine grain exports soar amid price shifts and supply cuts The landscape of Ukraine's grain exports has been dynamic over the last three months, with prices Latest Release Notes. Data and Distribution. Latest in Market Insights. Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now. Not registered? Register Now. To continue reading you must login or register with us. You exceeded the limit of bookmarked content only 15 bookmarks are allowed. Please remove one of the bookmarks. Manage Bookmarks.

Coca-Cola And PepsiCo Buy Privatized Ventures In Egypt

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A grassroots movement protesting the alleged support of Western companies for Israel amidst its brutal war in Gaza is reshaping the Jordanian market share of Pepsi and Coca-Cola. Shelves that once displayed rows of these staple American beverages are now making room for local alternatives, which have seen a surge in sales in recent months. Jordanian soda Matrix Cola displayed on shelves for the first time at local supermarkets in Amman amid a widespread anti-Western boycott. For over a decade, the company primarily focused on exporting to neighboring countries as it grappled with the dominance of foreign giants in its home market. However, responding to the recent surge in local consumer demand, DNC has doubled its production capacity of Matrix Cola. Marketing Manager Abdalmo'een Ibrahim Abu Zaid told Arab News that since the boycott gained momentum in October, DNC has expanded its distribution across the entire Kingdom by increasing both its workforce and convoy fleet. He noted that this shift is particularly noticeable in the capital city, where the call to boycott Western products echoes the strongest. This sentiment is reflected across Jordan and other Arab countries, where many assert that Israel's occupation of Palestine would not be possible without the support of the US and some European countries and corporations. Pepsi and Coca-Cola are among the brands facing criticism. Palestinian rights activists have slammed Coca-Cola for operating a factory in the Israeli settlement of Atarot in the occupied West Bank. Pepsi, too, has come under scrutiny following its acquisition of the Israeli-based manufacturing company SodaStream. Sultan, a cashier at a Cozmo supermarket store in Amman, wears a Palestinian keffiyeh in a show of solidarity with Gaza. Sultan estimates that about 90 percent of customers are actively participating in the boycott. The store has responded by labeling local products, aiding customers in their search for ethical alternatives. According to the Palestinian-led Boycott, Divestment, and Sanctions BDS movement, 93 percent of Jordanians are participating in boycotting Western companies that support the Israeli occupation. At that time, public support for boycotts was relatively weak. Campaigning has led to successes and major companies selling up and leaving Israel altogether and a range of investors divesting from Israeli and international companies. People now know how powerful of a tool boycotting is. As the war in Gaza extends into its third month, a growing number of Jordanians are choosing to express their condemnation using their purchasing power, reflecting a heightened awareness of the ethical implications that everyday consumption carries. It said there were no signs that Israeli hostages had been present in the building where the three militants were killed. There was no immediate comment from Hamas. If confirmed, the death of Sinwar would represent a major boost to the Israeli military and Prime Minister Benjamin Netanyahu after a string of high-profile assassinations of prominent leaders of its enemies in recent months. Sinwar, the chief architect of the Oct. But he has so far eluded detection, possibly hiding in the warren of tunnels Hamas has built under Gaza over the past two decades. Previously leader of Hamas in the Gaza Strip, he was named as its overall leader following the assassination of former political chief Ismail Haniyeh in Tehran in August. Hamas-led gunmen attacked Israel on Oct 7, killing some 1, people and taking more than hostages into Gaza. A surge in humanitarian assistance this summer had brought some relief to Gazans, the Integrated Food Security Phase Classification IPC report said, but September saw the lowest volume of commercial and humanitarian supplies entering Gaza since March. As a result, it projected that the number of people experiencing catastrophic food insecurity — IPC Phase 5 — between November and April to reach ,, or 16 percent of the population. The United States warned Israel on Tuesday that it could withhold some of its billions of dollars in military assistance unless it improves aid delivery to the Gaza Strip within 30 days. An estimated 60, cases of acute malnutrition among children aged between six months and four years old are expected between November and April. CAIRO: At least 28 Palestinians including children were killed on Thursday in an Israeli strike on a shelter in the northern Gaza Strip, a Gaza health ministry official said, while Israel said the attack targeted tens of militants at the site. There is nothing. This is a massacre. The Israeli military said in a statement the strike targeted militants from Hamas and Islamic Jihad groups, who operated from within the Abu Hussein School in Jabalia that had been serving as a shelter for displaced people. It said dozens of militants were present inside the compound when the strike took place, and provided the names of at least 12 of them, which Reuters could not immediately verify. The military said it took precautions to mitigate harm to civilians and accused Hamas of using them as human shields — a practice Hamas denies. It said people were wounded in the attack. Earlier on Thursday, Palestinian health officials said at least 11 Palestinians were killed in two separate Israeli strikes in Gaza City, while several others were killed in central and southern Gaza areas. Residents of Jabalia, in northern Gaza, said Israeli forces blew up clusters of houses firing from the air, from tanks and by placing bombs in buildings then detonating them remotely. The area has been a focus for the Israeli military for the past two weeks, which says it is trying to stop Hamas fighters from regrouping for more attacks. Residents said Israeli forces had effectively isolated Beit Hanoun, Jabalia, and Beit Lahiya in the far north of the enclave from Gaza City, blocking movement except for those families heeding evacuation orders and leaving the three towns. The Israeli military said on Thursday that it seized many weapons in the area, some of which were stashed in a school, and that its forces have killed dozens of militants in airstrikes and combat at close quarters, as troops try to root out Hamas forces operating in the rubble. The United States has told Israel that it must take steps to improve the humanitarian situation in northern Gaza in 30 days or face potential restrictions on military aid. Israeli Prime Minister Benjamin Netanyahu convened an emergency meeting on Wednesday to discuss expanding humanitarian aid to Gaza, officials said, with aid likely to increase soon. You are here Home Fizzing with change: Jordanian soda sales surge amid anti-western boycott. Jordanian beverages are labelled to help customers boycott Western products at Cozmo supermarket store in Amman. Short Url. Updated 26 January Fizzing with change: Jordanian soda sales surge amid anti-western boycott. Local manufacturer doubled production of its Jordanian soda Matrix Cola since the boycott gained momentum 93 percent of Jordanians are boycotting companies that support the Israeli occupation, BDS reports. Topics: War on Gaza Israel boycott. Zara pulls advert from website front page after Gaza boycott calls. Updated 5 sec ago. Iraq says seizes over , captagon pills. Authorities in Iraq regularly announce large hauls of captagon, much of it trafficked across the porous kilometer border with war-torn Syria Iraq has faced an explosion in drug use in recent years, mainly of captagon and crystal methamphetamine BAGHDAD: Iraqi authorities on Thursday announced the seizure of more than half a million captagon pills, as the country grapples with a ballooning trade in the banned stimulant. Authorities in Iraq — a key conduit for the amphetamine-type drug — regularly announce large hauls of captagon, much of it trafficked across the porous kilometer mile border with war-torn Syria. Originally mainly a transit country, Iraq has faced an explosion in drug use in recent years, mainly of captagon and crystal methamphetamine. Governments in the region have recently stepped up their efforts to crack down on trafficking under pressure from the oil-rich Gulf states, which are the main markets for captagon. Iraqi authorities on Thursday announced the seizure of more than half a million captagon pills, as the country grapples with a ballooning trade in the banned stimulant. Updated 4 min 18 sec ago. An unidentifiable unmanned aerial vehicle was detected in the vicinity, an army spokesman said. Updated 15 min 23 sec ago. Israeli military says it checking possibility that Hamas leader Sinwar has been killed. Hamas chief Sinwar thanks Hezbollah in letter to Nasrallah. Palestinians gather to receive food cooked by a charity kitchen in Khan Younis in the southern Gaza Strip, October 16, Updated 32 min 6 sec ago. US warned Israel on Tuesday that it could withhold some of its billions of dollars in military assistance unless it improves aid delivery to the Gaza Strip within 30 days. How Gaza war has set back Palestinian agriculture, deepened hunger crisis. Updated 26 min 48 sec ago. At least 28 dead in Gaza strike on school-turned-shelter. Topics: War on Gaza Israel Gaza. Latest updates. France places six departments on red alert for flooding due to heavy rains. Search form Search. Print Edition Read pdf version Subscribe now.

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