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Styron Europe Will Seek to Increase General Purpose and High-Impact Polystyrene Prices
Jan 8, 2013Styron Europe will seek to increase general purpose and high-impact polystyrene prices in January by Eur110/mt ($143/mt), the company said Friday. "The price increase responds to the rising costs associated with the manufacturing of ...
Tags: polystyrene prices, polystyrene, styrene, benzene
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Sinopec Raised Its Ex-Works Price for Polypropylene in East China by Yuan 200/Mt
Jan 8, 2013China Petroleum and Chemical Corp., or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 200/mt ($31.80/mt), or 1.9%, to Yuan 11,000/mt Friday, a company source said. On an import parity basis, the new price is ...
Tags: Sinopec, PP, polypropylene, PP price
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US Propane and Propylene Stocks Fell 2.18 Million Barrels
Jan 8, 2013US propane and propylene stocks fell 2.18 million barrels to 66.67 million barrels in the reporting week that ended December 28, the US Energy Information Administration said Friday. Midwest supplies fell 585,000 barrels to 23.06 million ...
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Japanese Refiners Started to Consider Importing More Kerosene in February
Jan 8, 2013At least a few Japanese refiners have started to consider importing more kerosene for February deliveries amid a particularly bullish winter demand period in the country, industry sources said Friday. Japan has been experiencing a colder ...
Tags: bumper kerosene, refiners, kerosene, kerosene sales
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Horsehead Signed an Amendment to The Shell Chemical LP's Option & Purchase Agreement
Jan 7, 2013Horsehead Holding Corp ZINC a holding company of Horsehead Corporation, INMETCO and Zochem Inc, declared that Horsehead Corporation signed an amendment to the Shell Chemical LP's Option & Purchase Agreement. The company said that the ...
Tags: inks, Shell Chemical, zinc, zinc products
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US Distillate Stocks Jumped 6.71 Million Barrels
Jan 4, 2013US crude stocks fell 12.032 million barrels last week, while US distillate stocks jumped 6.71 million barrels, according to American Petroleum Institute data Thursday. The data painted a bullish picture for NYMEX crude futures, and a ...
Tags: US crude stocks, distillate stocks, Gulf Coast Draw, AP
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US Railroads Hauled Less Coal in 2012 Due to Coal Woes
Jan 4, 2013US railroads in 2012 hauled less coal, by far the largest commodity to travel by rail, but made gains in other commodity groups, such as petroleum products, which saw growth of more than 46%, according to annual traffic data released ...
Tags: US Rail Traffic, Coal Woes, Oil Loads Climb, Chemicals
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The Changed Price of 100 Spot Commodities in China on 03/01/2013
Jan 4, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,4 commodities increased in prices, 1 fell and 93 remained unchanged on 03/01/2013.The largest rises were Sulfuric acid (0.39%),Early indica rice (0.19%),Mild steel plate ...
Tags: China, 100 Spot Commodities Price, Chemicals
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Weekly Oil Data Should Show a 1 Million-Barrel Draw in US Commercial Crude Inventories
Jan 4, 2013Weekly oil data from the US Energy Information Administration and the American Petroleum Institute should show a 1 million-barrel draw in US commercial crude inventories for the week ending December 28, analysts polled by Platts said ...
Tags: oil data, US Energy Information Administratio, crude inventories
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Russia's Crude Oil Production Hit a Record High of 518 Million Mt in 2012
Jan 4, 2013Russia's crude oil production hit a record high of 518 million mt (10.4 million b/d) in 2012, preliminary data released Wednesday by the energy ministry's Central Dispatching Unit showed, as the country cemented its position as the world's ...
Tags: Russia, crude oil production, oil, oil industry
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The FOB Korea Toluene 2013 Term Contracts Were Mostly Concluded at a Premium of $7-8/Mt
Jan 4, 2013The FOB Korea toluene 2013 term contracts were mostly concluded at a premium of $7-8/mt to the Platts FOB Korea toluene marker, traders and producers said Wednesday. This is an increase of around $2-3/mt from premiums for 2012 ...
Tags: toluene, toluene market, Honam, South Korea
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Coal Traders Returned to Their Posts on Wednesday
Jan 4, 2013Coal traders returned to their posts on Wednesday, snapping the streak of low volume sessions in the US over-the-counter thermal coal market since the Christmas holiday. Central Appalachian barge and rail (CSX) contracts, as well as ...
Tags: coal market, US, coal, coal industry, swap products
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Germany's Oxea Chemicals Announced a Eur100/Mt Increase
Jan 4, 2013Germany's Oxea Chemicals has announced a Eur100/mt increase in normal butanol, isobutanol, normal butyl acetate, isobutyl acetate, normal butyraldehyde and isobutyraldehyde prices effective January 1 for Europe, Middle East and African ...
Tags: Oxea Chemicals, Germany, butanol, isobutanol, isobutyl acetate
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Same and Next-Day Gas Prices Were Valued Below 61.00 Pence/Therm
Jan 4, 2013Same and next-day gas prices on the UK's NBP trading hub were valued below 61.00 pence/therm on the last trading day of the year, around 7 pence down on the start of the month. The within-day contract was valued at 60.50 p/th at 1200 ...
Tags: gas prices, gas market, UK, gasd indusrty
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Analysts Are Generally in Consensus in Forecasting Brent Crude to Average Around $110/B
Jan 4, 2013While analysts are generally in consensus in forecasting Brent crude to average around $110/b in 2013, the surge in North American production and question marks on the timing of new infrastructure has made for a highly divergent set of ...
Tags: Brent crude, crude oil prices, crude oil market, Brent
