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April European Contract Price for Paraxylene Has Been Fully Settled at Eur1,120/mt FD NWE
Apr 15, 2013The April European contract price for paraxylene has been fully settled at Eur1,120/mt ($1,467/mt) FD NWE, Eur130/mt lower than March's ECP, sources confirmed Thursday. The ECP was initially settled on Wednesday by seller Shell and buyer ...
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The War of Words Between AFPM and RFA Hit a Boiling Point Thursday Morning
Apr 15, 2013The war of words between the American Fuel and Petrochemical Manufacturers and the Renewable Fuels Association hit a boiling point Thursday morning. RFA President Bob Dinneen was responding to comments Wednesday from AFPM President ...
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China Exported 780,000 Mt of Coal in March,Down 19.6% Year on Year
Apr 15, 2013China exported 780,000 mt of coal in March, down 19.6% year on year, preliminary figures released by the General Administration of Customs Wednesday showed. Total exports in the first three months reached 2.04 million mt, down 36.1% year ...
Tags: Coal Exports, Chemicals
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Shaniv Paper Industry Ltd Has Signed a $16 Million Agreement with The Tamar Consortium
Apr 15, 2013The Shaniv Paper Industry Ltd has signed a $16 million agreement with the Tamar consortium for the supply of 60 million cubic meters of gas over seven years, the company said late Wednesday. This is the first gas supply contract to be ...
Tags: Israel, Tamar Consortium Inks, Gas Supply
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NYMEX May Natural Gas Futures Contract Continued to Rise Thursday
Apr 15, 2013The NYMEX May natural gas futures contract continued to rise Thursday after the US Energy Information Administration's storage report showed an above-average draw, yet the data came in below analysts' expectations. As of 12:28 p.m. EDT ...
Tags: NYMEX, Gas, Storage Data
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Weakening Middle Distillates Cracks Have Led to Low Buying Interest
Apr 15, 2013Weakening crude refining margins and middle distillates cracks have led to low buying interest among Northeast Asian refiners for prompt May loading ESPO blend crude, trading sources said Thursday. Three to four of the 19 ESPO blend crude ...
Tags: Distillate Cracks, Chemicals
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Spain Imported 32.9 TWh of Natural Gas in March Down 5.1% From a Year Earlier
Apr 15, 2013Spain imported 32.9 TWh of natural gas in March, down 5.1% from a year earlier, amid a dearth of LNG shipments from Egypt and Peru, data published late Tuesday by gas grid operator Enagas showed. The country imported no LNG from Egypt or ...
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Brazil's Biggest Fuel Market Snapped a Five-Week Slide
Apr 12, 2013The price of hydrous ethanol in Sao Paulo, Brazil's biggest fuel market, snapped a five-week slide in the week ended April 9 due to stronger demand following the Easter break, agricultural think tank Cepea said Tuesday. Hydrous ethanol, ...
Tags: Hydrous Ethanol Price, Chemicals
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European Benzene's Premium to Naphtha Has Topped The $450/mt Mark for The First Time
Apr 12, 2013European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
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Washington State University Research Team This Month Will Begin Quantifying Methane Leaks
Apr 12, 2013A Washington State University research team this month will begin quantifying methane leaks on natural gas lines and use the information to estimate a national methane emissions rate for US gas-distribution systems, WSU said Wednesday. ...
Tags: Methane Leak, Chemicals
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Oil,Gas and Mining Companies Will Be Forced to Reveal More About Their Payments
Apr 12, 2013EU-listed and large private oil, gas and mining companies will be forced to reveal more about their payments to governments under new EU rules agreed informally late Tuesday by EU negotiators. Some big oil companies, including Shell, had ...
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Northwest Europe Forward Delivered Spot PVC Price Has Dropped on Week
Apr 11, 2013The Northwest Europe forward delivered spot PVC price has dropped on week, reflecting a sharp fall in the April ethylene contract price and poor demand, market sources said Tuesday. Ethylene -- made from oil or natural gas which is ...
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Iran Exported Petrochemicals Worth $12 Billion in The Iranian Calendar Year
Apr 11, 2013Iran exported petrochemicals worth $12 billion in the Iranian calendar year that ended March 20, Deputy Oil Minister Abdolhossein Bayat said Tuesday, according to Press TV. "During the last [Iranian calendar] year, despite certain ...
Tags: Petrochemical Exports, Chemicals
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Coal Exports From South Africa's RBCT Soared to a 15-month High of 7.49 Million Mt
Apr 11, 2013Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) soared to a 15-month high of 7.49 million mt in March, jumping 37.4% month-on-month and 20% year-on-year, the latest operating data released by the port Tuesday showed. ...
Tags: Coal exports, Chemicals
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Ernest Moniz Reiterated The Obama Administration's Position
Apr 11, 2013President Barack Obama's nominee for energy secretary, Ernest Moniz, on Tuesday reiterated the Obama administration's position that decisions to license liquefied natural gas exports from the US should be based on a transparent, analytic ...
Tags: Metallurgy, Mineral, Energy
