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Industry Views
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Peabody Energy Has Set a 2013 Capital Expenditure Budget of $450 Million to $550 Million
Jan 31, 2013Peabody Energy has set a 2013 capital expenditure budget of $450 million to $550 million, roughly half that of 2012, and will further defer "early-stage" projects until coal market conditions improve, the St. Louis-based producer said ...
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
Jan 31, 2013Commodity Sectors 01-28 01-29 Change PET Rubber & plastics 11300.00 11200.00 0.89% PTA Textile 8750.00 8700.00 0.57% Chloroform Chemical ...
Tags: China, Spot Commodities Price, chemicals
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Gasoline Blended with 15% Ethanol Caused Failure in a 'substantial' Portion of Fuel Pumps
Jan 31, 2013Gasoline blended with 15% ethanol caused failure in a "substantial" portion of fuel pumps and other components in a test designed to represent 29 million vehicles approved to use the fuel, according to a study the Coordinating Research ...
Tags: Gasoline, fuel pumps, gas
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The Asian LNG Spot Price Is Expected to Peak at an Average of $16.90/MMBtu in 2013
Jan 31, 2013The Asian LNG spot price is expected to peak at an average of $16.90/MMBtu in 2013, with the LNG market expected to tighten further and freight rates to remain high, Goldman Sachs said in a report released late Monday. "The Japan ...
Tags: LNG spot price, LNG market, Asia
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Chemical Industry Alliance Was in Favor of the 44-ton five-axis Truck
Jan 30, 2013The decree of France pointed that since January 1 in 2013 the 44-ton five-axis Truck will be allowed as road transport equipment to drive on the road, the chemical industry alliance ( Union des Industries chimiques, UIC ) expressed support. ...
Tags: Chemical Industry, 44-ton five-axis Truck, transport equipment
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US Polyethylene Contracts Settled 5 Cents a Pound Higher for January
Jan 30, 2013US polyethylene contracts settled 5 cents a pound higher for January, industry sources confirmed Monday. The 5 cents/lb increase matches the amount major US producers nominated last month and had been widely expected by market ...
Tags: US, polyethylene, US polyethylene price
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US Gulf Coast Premium Gasoline Differentials Spiked on Pipeline Deadline
Jan 30, 2013US Gulf Coast premium gasoline differentials spiked Monday as Colonial Pipeline's 6th shipping cycle deadline loomed, leaving traders scrambling to cover short positions. During the Platts Market on Close assessment process, Lukoil bought ...
Tags: US Gulf Coast, gasoline, gasoline industry
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World Oil Markets Were Well Balanced and Likely to Remain Well Supplied
Jan 30, 2013OPEC Secretary General Abdalla el-Badri said Monday that world oil markets were well balanced and likely to remain well supplied through the current year to meet expected growth in demand, but that the oil producer group did not envisage a ...
Tags: OPEC, world oil markets, oil prices
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Our Economic Development Is Becoming The Base of Supporting The Economic Development
Jan 29, 2013Recently, our economic development has bonded by environment and marine is becoming the base of supporting the economic development. Thus, Speeding up the development of marine economy can help us the decrease the pressure resulted by ...
Tags: economic development, marine economy, fuel, ecological environment
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A Narrow Propylene Arbitrage From Asia to The US Opened with Increased Discussios
Jan 29, 2013A narrow propylene arbitrage from Asia to the US has opened this week with increased discussions between Asian producers and traders to fix cargoes, market sources said Friday. Discussions intensified late this week after Taiwan ...
Tags: propylene arbitrage, propylene trade, propylene market
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PAUL LACY: We Currently Have 83 Kikki.K Stores
Jan 28, 2013STATIONERY NEWS: What is the current status of the kikki.K group, in terms of number stores, employees and locations (including overseas)? PAUL LACY: We currently have 83 kikki.K stores including those operating across Australia, New ...
Tags: kikki.K group, kikki.K stores, kikki.K
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France's Total Requested Permission to Restart Its Elgin-Franklin Field Complex
Jan 28, 2013France's Total has requested permission from the UK's Health and Safety Executive to restart its Elgin-Franklin field complex in the North Sea and hopes to restart production "as soon as possible within the first quarter," the company said ...
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Styrene Monomer Stocks in Shore Tanks in East China Rose by About 10,000 Mt
Jan 28, 2013Styrene monomer stocks in shore tanks in East China rose week on week by about 10,000 mt to roughly 66,000 mt this week -- the highest level seen since early August 2012 -- but still relatively low, market sources said. Whether the ...
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The Arbitrage Window to Move Polypropylene Cargoes Opened on Paper
Jan 28, 2013The arbitrage window to move polypropylene cargoes from China to Southeast Asia has opened on paper, but no cargoes have been booked so far for the voyage, traders said Wednesday. Demand for PP is weak in China ahead of the long Lunar New ...
Tags: polypropylene cargoes, China, chemicals
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The European Monoethylene Glycol January Contract Price Was Fully Settled
Jan 28, 2013The European monoethylene glycol January contract price was fully settled Wednesday at Eur1,068/mt ($1,422/mt) FD NWE, industry sources said Thursday. This represents an increase of Eur20/mt on December. The initial settlement ...
Tags: monoethylene glycol, Europe, monoethylene glycol price
