#Indian #demand #focus #COVID19 #instances #spike
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On this week’s Platts Market Movers Asia with Editor Kshitiz Goliya: All eyes on India, the world’s third largest oil importer, as a surge in coronavirus instances prompted lockdown in a number of states.
Extra highlights within the commodities market:
* India’s gasoline consumption is predicted to drop; wheat costs surge, corn harvest continues; steelmakers divert oxygen provide to satisfy medical necessities
* Steam crackers enter upkeep season, impacting provide
* Asian demand drives LNG spot costs
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S&P World Platts full protection on the influence of #COVID19 on #commodities: https://www.spglobal.com/platts/en/market-insights/matters/coronavirus-impacts-commodity-markets
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