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Industry Views
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US Spot Styrene Margins Are Poised to Remain Flat to Slightly Higher
Mar 26, 2013US spot styrene margins are poised to remain flat to slightly higher following the procurement of cheaper feedstock ethylene estimated to begin in 2015-2016 as a result of the shale gas plays, industry sources said Monday on the sidelines ...
Tags: SM Margins, Chemicals, lighter crude
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Canada's Morien Resources Is Heading up a Group of Investors and Coal Buyers
Mar 26, 2013Canada's Morien Resources is heading up a group of investors and coal buyers in talks with Xstrata Coal about buying its 75% stake in the $500 million Donkin coal project in Nova Scotia, a source close to the situation said Monday. The ...
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China's Total Aviation Traffic Rose 9.5% Year on Year in February to 4.86 Billion Mt-km
Mar 26, 2013China's total aviation traffic rose 9.5% year on year in February to 4.86 billion mt-km, according to data from the Civil Aviation Administration of China released Friday. Mt-km is a measure of air traffic -- the amount of freight, ...
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Recent Fiscal Changes in Venezuela Could Help State Oil Company PDVSA Significantly
Mar 26, 2013Recent fiscal changes in Venezuela could help state oil company PDVSA significantly cut its $16.4 billion debt to service providers this year, according to some economists and analysts. The changes, mainly to Venezuela's complicated ...
Tags: oil activity, PDVSA, Venezuela
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Prices for 2012 and 2013 US Ethanol Renewable Credits on Monday Fell to Their Lowest Level
Mar 26, 2013Prices for 2012 and 2013 US ethanol renewable credits, also known as RINs, on Monday fell to their lowest levels in March on slowing demand from obligated parties, sources said. On Monday, 2012 and 2013 ethanol RINs were assessed at 57.5 ...
Tags: Ethanol Rins, Slowing Demand, Chemicals
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Inorganic Chemicals Industry Analysis Report,2012
Mar 26, 2013Tips: HS: 28, Inorganic Chemicals; precious metals, rare earth metals, radioactive elements and their organic or inorganic compounds are hereinafter abbreviated as "Inorganic Chemicals". 1. Chinese Inorganic Chemicals Industry Export from ...
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Spot Market for LPG Cargoes Loading out of The Middle East Has Softened Amid Weak Demand
Mar 25, 2013The spot market for LPG cargoes loading out of the Middle East has softened amid weak demand from Asian buyers, according to market sources. This was reflected in the spot cargo price differentials, with Arcadia heard selling 44,000 mt of ...
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UK Natural Gas Prices for Same-day Delivery Spiked as High as 150 Pence/therm Early Friday
Mar 25, 2013UK natural gas prices for same-day delivery spiked as high as 150 pence/therm ($22.80/MMBtu) early Friday as a key pipeline that carries gas to the country from Continental Europe halted operations against a backdrop of cold weather and low ...
Tags: Gas Market, Interconnector Outage, Chemicals
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Idemitsu Kosan Has Nominated The April Paraxylene Asian Contract Price at $1,600/mt CFR
Mar 25, 2013Japanese refiner Idemitsu Kosan has nominated the April paraxylene Asian Contract Price at $1,600/mt CFR, sources close to the negotiations said Friday. There are four PX ACP sellers in Asia -- ExxonMobil, Idemitsu Kosan, Japan's JX ...
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Blend Values for Toluene and Mixed Xylene Have Become a Price Floor
Mar 25, 2013Blend values for toluene and mixed xylene have become a price floor as their derivative demand shrank in the spot market, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ...
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NYMEX April Natural Gas Futures Contract Settled 0.8 Cent Lower at $3.927/MMBtu on Friday
Mar 25, 2013The NYMEX April natural gas futures contract settled 0.8 cent lower at $3.927/MMBtu on Friday as market players weighed supportive weather forecasts against Thursday's bearish storage pull. "Weather outlooks maintain their bullish ...
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
Mar 25, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 27 fell and 51 remained unchanged on 25/03/2013.The largest rises were Propylene oxide (1.24%),PA (1.12%),Nickel (1.04%),while the ...
Tags: Commodities Price Chart, China, Chemicals
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A Three-judge Panel of The US Court of Appeals for The District of Columbia on Friday
Mar 25, 2013A three-judge panel of the US Court of Appeals for the District of Columbia on Friday questioned whether it or a federal district court should properly hear the American Petroleum Institute's challenge of a Securities and Exchange ...
Tags: SEC Rule, API Challenge, Chemicals
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April US Butadiene Contract Price Settled at a Rollover at an 84-86 Cents/lb
Mar 25, 2013The April US butadiene contract price settled at a rollover at an 84-86 cents/lb ($1,852-1,896/mt) split settlement, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ExxonMobil ...
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MEG Price & Demand Continued Weakness in 2012
Mar 25, 2013Mono Ethylene Glycol (MEG) is a commodity product and used as feedstock in polyester industries and PET bottle industry. As such, the market for MEG generally moves in line with the polyester industry, especially in China where the need ...
