The highlights in Asia this week, with Andrei Agapi, S&P Global Platts associate pricing director for APAC Agriculture: The US and China agreed on a partial trade deal that would suspend a US tariff escalation set for this week and increase Chinese imports of US agricultural products, oil spill from a Suezmax tanker in the Red Sea unsettles oil market, the Asian palm oil market is bearish on expectations of higher Malaysian supply, and LNG shipping in focus as freight rates in Asia Pacific shot up last week to $100,000/day after US sanctioned China's COSCO.
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