Industry Views of agriculture-food - Made-in-China.com

Graphic Packaging Is All Set to Acquire The UK-Based Food and Healthcare Packaging Firm

Feb 24, 2014

Graphic Packaging's European subsidiary is all set to acquire the UK-based food and healthcare packaging firm Benson Group for approximately $165m. Subject to standard closing requirements, the transaction will be funded with existing ...

Tags: Graphic Packaging, Packaging

Sainsbury's Is Set to Add Calorie-Content Information to Its Wine Labeling

Feb 24, 2014

UK-based supermarkets operator Sainsbury's is set to add calorie-content information to its wine labeling in a bid to help consumers make informed health choices. The company will introduce the labeling on 20 new, 125l glass bottles from ...

Tags: Wine Labels, Calorie-Content Information

US Propane and Propylene Stocks Fell 1.2 Million Barrels to 26.71 Million Barrels

Feb 24, 2014

US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday. Gulf Coast stocks saw a draw of 533,000 barrels to fall to ...

Tags: Propane, Propylene

Spot Sales Amount to an Average of 25% of Australian Coal Majors' Books in 2013

Feb 24, 2014

Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...

Tags: Coal Market, Spot Pricing

US Crude Stocks Rose 1 Million Barrels Last Week

Feb 24, 2014

US crude stocks rose 1 million barrels last week, just over half of what analysts were expecting, as a drop in refinery run rates was partly offset by a decrease in US imports, according to data released Thursday by the US Energy ...

Tags: Crude Stocks, Chemicals

A JYD Survey of 36 of The Refineries Found They Consumed 5.14 Million Mt of Merey Crude

Feb 24, 2014

China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...

Tags: Curbing Demand, Tax Change

The Australia Pacific LNG Project Is Currently Around 60% Complete

Feb 24, 2014

The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...

Tags: Pacific LNG, Chemicals

Two Indiana Coal Companies Received State Regulatory Approval for New Mining Operations

Feb 24, 2014

Two Indiana coal companies have received state regulatory approval for new or extended mining operations that could produce an additional several million short tons of high-sulfur steam coal annually for the US electric utility market, a ...

Tags: Coal Production, Mineral

The Second Regulatory Obstacle Encountered by Indonesian Coal Exporters This Year

Feb 24, 2014

Indonesian thermal coal exporters are now required to produce a certificate clearing the miner to produce coal before they ship material overseas, a government official said. The latest move is the second regulatory obstacle encountered ...

Tags: Coal Exporters, Regulatory Hurdle

Tully Raised Her One-Month Forecast by $40 to $1,280/Oz

Feb 24, 2014

Market sentiment toward gold appears to be moving from outright bearish to "neutral/slightly positive" according to UBS Strategist Edel Tully in a note published late Wednesday. Tully raised her one-month forecast by $40 to $1,280/oz. ...

Tags: Market sentiment, Mineral

Capesize Iron Ore Freight Rates Fell Across Most Routes Thursday

Feb 24, 2014

Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific slowed Thursday after a flurry of ...

Tags: Iron Ore, Limited Fixtures

The Chinese Export Spot Price of 75%-Si Ferrosilicon Was Assessed at $1,410-1,440/Mt FOB

Feb 24, 2014

The Chinese export spot price of 75%-Si ferrosilicon was assessed at $1,410-1,440/mt FOB Thursday, compared with $1,410-1,450/mt a week ago, on slow domestic and export demand. This week, an Inner Mongolia-based producer sold around 300 ...

Tags: Ferrosilicon, Mineral

Gulf Coast Propane Prices Continued to Hold a Premium Over Midcontinent Product Wednesday

Feb 24, 2014

Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...

Tags: Propane, Gulf Coast

Nigerian Crudes for March Loading Sold Well

Feb 24, 2014

Nigerian crudes for March loading have sold well with less than 10 cargoes unsold from the March program, because of healthy demand from Europe and India, although the remaining grades were struggling to sell, sources said Wednesday. More ...

Tags: Mineral, Nigerian Crudes

Ultra Low Sulfur Diesel Cracks Are at a 6-Week High on Strong Buying Interest for Cargoes

Feb 24, 2014

Ultra low sulfur diesel cracks are at a 6-week high on strong buying interest for cargoes in the region and a rise in the front-month 0.1% ICE gasoil futures contract. The crack for physical FOB Rotterdam ULSD barges rose to a $17.04/mt ...

Tags: Diesel Cracks, gasoil

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