EXPORTS – AUSTRALIA

Rinehart’s Hancock Prospecting bullish on iron ore prices

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Original article by Perry Williams
The Australian Financial Review – Page: 13 & 20 : 4-Apr-16

Hancock Prospecting is upbeat about the outlook for the iron ore price in the near-term. Executive director Tad Watroba is optimistic that it will remain within the range of $U55 to $U60 per tonne for the remainder of 2016. He notes that about 25 million tonnes of the Roy Hill iron ore project’s output of 55 million tonnes will be shipped to Chinese buyers. The project’s first shipment to China will shortly arrive at the port of Caofeidian.

CORPORATES
HANCOCK PROSPECTING PTY LTD, ROY HILL HOLDINGS PTY LTD, BOAO FORUM FOR ASIA, RIO TINTO LIMITED – ASX RIO, HOPE DOWNS IRON ORE PTY LTD, POSCO, MARUBENI CORPORATION, CHINA STEEL CORPORATION, CREDIT SUISSE (AUSTRALIA) LIMITED, METAL BULLETIN LIMITED, CHINA IRON AND STEEL INDUSTRY ASSOCIATION

How the soggy cereal conquered a kingdom

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Original article by Angus Grigg
The Australian Financial Review – Page: 1 & 6 : 29-Mar-16

Sanitarium is the latest Australian company to enjoy success in the Chinese market. The company’s Weet-Bix breakfast cereal has been exported to China for eight years, but sales momentum has gathered pace in the last 2.5 years and China has become the biggest export market for Weet-Bix. Meanwhile, Adelaide-based Coopers Brewery is benefiting from the growing demand for craft beers in China, which is now the company’s biggest market in Asia.

CORPORATES
SANITARIUM HEALTH FOOD COMPANY, COOPERS BREWERY LIMITED, 31JIU, FOSTER’S GROUP LIMITED, BLACKMORES LIMITED – ASX BKL, SEVENTH DAY ADVENTIST CHURCH, DAXUE CONSULTING, RESERVE BANK OF AUSTRALIA

PM urges business to seize China opportunity

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Original article by Jacob Greber
The Australian Financial Review – Page: 5 : 3-Mar-16

Prime Minister Malcolm Turnbull says Australian companies should seek to capitalise on the opportunities created by China’s transition to a consumer-focused economy. Turnbull has identified industries such as tourism and service as ones that can benefit from Australia’s growing trade relations with China, particularly as China’s demand for industrial commodities declines.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA CHINA BUSINESS COUNCIL, RESERVE BANK OF AUSTRALIA

Origin Energy strikes China LNG deal

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 2-Mar-16

Australian-listed Origin Energy has secured a preliminary agreement to supply 500,000 tonnes of LNG each year to the trading arm of China-based ENN Energy Holdings. The proposed five-year deal is the first that Origin has negotiated in its own right, rather than as part of the Australia Pacific LNG venture. Michael Dargue of Citigroup has questioned whether it is an appropriate time for Origin to become an LNG trader due to the potential risks.

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, ENN ENERGY HOLDINGS LIMITED, AUSTRALIA PACIFIC LNG LIMITED, CITIGROUP PTY LTD, SINOPEC CORPORATION, KANSAI ELECTRIC POWER COMPANY INCORPORATED

High LNG exports help wipe fuel import costs

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 9 : 9-Feb-16

EnergyQuest estimates that strong growth in LNG exports reduced Australia’s petroleum deficit to about $A4m in December 2015. It was the smallest petroleum deficit since August 2010, and followed the commencement of production at the three LNG processing plants at Gladstone in Queensland. Australia’s LNG production rose by 48 per cent year-on-year in December, although the downturn in the crude oil price resulted in LNG export revenue falling by 0.5 per to $A1.575bn.

CORPORATES
ENERGYQUEST PTY LTD, WOODSIDE PETROLEUM LIMITED – ASX WPL, CONOCOPHILLIPS, CHEVRON CORPORATION

Farmers applaud subsidy cut but say it’s just a start

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Original article by Joanna Mather
The Australian Financial Review – Page: 6 : 22-Dec-15

New South Wales wheat, barley and canola farmer John Booker has welcomed the World Trade Organization’s decision to abolish agricultural export subsidies. He does not expect to benefit immediately from the decision, but he is optimistic about the long-term gains. Tony Mahar of the National Farmers Federation argues that the domestic support subsidies that some countries provide to farmers must also be scrapped.

CORPORATES
WORLD TRADE ORGANIZATION, NATIONAL FARMERS’ FEDERATION LIMITED, CATTLE COUNCIL OF AUSTRALIA, AUSTRALIAN DAIRY INDUSTRY COUNCIL

Carbon capture key to coal future: IEA

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Original article by Matt Chambers
The Australian – Page: 16 : 21-Dec-15

The International ­Energy Agency (IEA) forecasts that India’s growing demand for coal will enable Australia to reclaim its status as the largest coal exporter. Meanwhile, IEA executive director Fatih Birol warns that a sustained upturn in coal prices will require coal producers to ramp up their investment in ­carbon capture and storage technology. He adds that carbon sequestration will be essential in meeting the Paris climate change summit’s targets for limiting growth in global warming.

CORPORATES
INTERNATIONAL ENERGY AGENCY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ADANI ENTERPRISES LIMITED, HANCOCK PROSPECTING PTY LTD

Cathay Pacific to trial cargo flight from Australia’s food bowl

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Original article by Jared Lynch
The Australian Financial Review – Page: 22 : 23-Nov-15

Bindaree Beef will participate in Cathay Pacific’s test flight from Wellcamp Airport in regional Queensland to China. The trial run is intended to gauge whether regular fresh produce flights from regional Australia to Asia are commercially viable. Bindaree currently ships chilled beef to Asia via Sydney Airport, but flights from Toowoomba would allow for next-day delivery of its cargoes to Asian destinations.

CORPORATES
BINDAREE BEEF PTY LTD, CATHAY PACIFIC AIRWAYS LIMITED, SYDNEY AIRPORT – ASX SYD, SHANDONG DELISI, AUSTRALIAN BUREAU OF AGRICULTURAL AND RESOURCE ECONOMICS AND SCIENCES

Worst growth rate since Coalition elected Hockey shrugs off bad news

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Original article by Jacob Greber
The Australian Financial Review – Page: 1 : 3-Sep-15

A spike in government spending, mainly on defence, helped prevent the economy shrinking for the first time in more than four years in the June quarter of 2015. Exports were down and investment was weaker, cutting GDP growth to 0.2 per cent from 0.9 per cent for the previous three months.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA, VICTORIA UNIVERSITY, AUSTRALIAN LABOR PARTY, DELOITTE ACCESS ECONOMICS PTY LTD, ALPHABETA, INDUSTRY SUPER AUSTRALIA PTY LTD

Palmer sues CITIC for $A10b over iron ore project

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Original article by Mark Ludlow
The Australian Financial Review – Page: 8 : 1-Sep-15

Resources owner and federal MP Clive Palmer has filed a $A10 billion law suit against CITIC over its iron ore project in Western Australia. He alleges a breach of a commercial arrangement involving iron ore royalties. Palmer also launched a separate $A170 million claim against two directors of CITIC subsidiaries based in Perth and a CITIC Capital director in Hong Kong.

CORPORATES
CITIC LIMITED, SINO IRON PTY LTD, CITIC CAPITAL PARTNERS LIMITED, SUPREME COURT OF WESTERN AUSTRALIA, MINERALOGY PTY LTD, CITIC PACIFIC MINING MANAGEMENT PTY LTD, PALMER UNITED PARTY