Industry Views of chemicals - Made-in-China.com

Texas' Petrochemical Industry Will Export 33% More Ethylene and Finished Plastics Overseas

Jan 4, 2013

Fueled by cheap natural gas liquids from the Eagle Ford Shale -- primarily ethane -- Texas' petrochemical industry will export 33% more ethylene and more finished plastics overseas by 2017, a report by the Federal Reserve Bank of Dallas ...

Tags: natural gas liquids, Texas, petrochemical industry, natural gas stream

The Northwest European January Benzene Contract Price Was Settled at Eur1,153/Metric Ton

Jan 4, 2013

The Northwest European January benzene contract price has been fully settled at Eur1,153/metric ton or $1,529/mt FD NWE, the highest the CP has ever been settled, negotiating parties confirmed Monday. The settlement represents an ...

Tags: benzene contract price, benzene, benzene price, benzene market

The Los Angeles CARBOB Ended with a Modest Decline Monday in a Volatile Year

Jan 4, 2013

The Los Angeles CARBOB ended with a modest decline Monday in a volatile year that saw a record $1.64/gal swing in the cash differential. Platts assessed the main California-specific gasoline grade down 1.75 cents to NYMEX February ...

Tags: Los Angeles CARBOB, gasoline grade, gasoline price, gasoline marlet

The Changed Price of 100 Spot Commodities in China on 28/12/2012

Jan 4, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,16 commodities increased in prices, 17 fell and 65 remained unchanged on 28/12/2012.The largest rises were DOP (1.34%),Hydrofluoric acid (0.88%),Silver (0.68%),while the ...

Tags: China, spot commodities, price, China market

Japan Imported 6.66 Million Mt of LNG in November

Dec 31, 2012

Japan imported 6.66 million mt of LNG in November, almost stable from October, when imports were recorded at 6.67 million mt, customs data released Thursday by the Ministry of Finance showed. However, LNG imports were down 4.5% from ...

Tags: Japan, LNG, LNG imports, Japan economy

Israeli Gasoil and Fuel Oil Consumption for Electricity Production Rose Sharply

Dec 31, 2012

Israeli gasoil and fuel oil consumption for electricity production rose sharply in the first 11 months of the year due to a severe shortage of natural gas, Israel's Energy and Water Ministry said Thursday. Gasoil consumption by Israel ...

Tags: Israeli, gasoil, fuel oil, electricity production

The Cash Differential for FOB Singapore 0.5% Sulfur Gasoil Fell to Over a Three-Year Low

Dec 31, 2012

The cash differential for FOB Singapore 0.5% sulfur gasoil fell to more than a three-year low Wednesday, amid ample supply in the region and weak buying appetite for the grade ahead of a change in sulfur specifications for the Singapore ...

Tags: FOB Singapore, sulfur gasoil, gasoil, Singapore

The Changed Price of 100 Spot Commodities in China on 26/12/2012

Dec 31, 2012

It was assessed by SunSirs that in the tracked 100 spot commodities,25 commodities increased in prices, 18 fell and 55 remained unchanged on 26/12/2012.The largest rises were Ethylene glycol (1.18%),LPG (0.59%),PTA (0.59%),while the largest ...

Tags: Chemicals, Service, Commodities Price

PTT Aromatics and Refining Concluded Its 2013 Term Supply Contracts at a Premium of $14/Mt

Dec 31, 2012

Thai paraxylene producer PTT Aromatics and Refining has concluded its 2013 term supply contracts at a premium of around $14/mt, up from last year's $9/mt, a company source said Wednesday. The producer settles its annual supply contracts ...

Tags: Chemicals, PTTAR, paraxylene, PTT Aromatics

Novatek Plans to Start Selling Lng Produced at Its Arctic Yamal Project in Late 2016

Dec 31, 2012

Russia's largest independent gas producer Novatek plans to start selling LNG produced at its Arctic Yamal project in late 2016, despite a recent delay in taking the final investment decision, the company's president Leonid Mikhelson told ...

Tags: Chemicals, Russian Novatek, LNG, Yamal project

Saudi Aramco Decided Not to Allow The Usual 10% Tolerance on The Plus Side

Dec 28, 2012

Saudi Aramco has decided not to allow the usual 10% tolerance on the plus side for its January term butane exports, while there will be a 10-day loading delay in LPG shipments to Asian buyers, term lifters said Tuesday. But in its ...

Tags: Jan butane, butane, propane, LPG

The Changed Price of 100 Spot Commodities in China on 18/12/2012

Dec 28, 2012

It was assessed by SunSirs that in the tracked 100 spot commodities,25 commodities increased in prices, 20 fell and 54 remained unchanged on 18/12/2012.The largest rises were Iron ore (2.54%),PTA (1.19%),Rebar (1.00%),while the largest ...

Tags: Spot Commodities Price, Commodities Price, Iron ore, PTA

Government Auctions of Oil and Natural Gas Exploration Rights Fall to Their Lowest Levels

Dec 28, 2012

Government auctions of oil and natural gas exploration rights in Western Canada have fallen to some of their lowest levels in the last 15 years and hopes of a recovery in 2013 hinge on operators making a breakthrough in new liquids-rich ...

Tags: oil, natural gas, barometer, industry confidence

Peak Oil Proponents Met with The US Energy Information Administration Earlier This Month

Dec 28, 2012

In a first-ever meeting, peak oil proponents met with the US Energy Information Administration earlier this month to urge the nation's top statistical agency to temper its rosy outlook on future US energy production. Representatives ...

Tags: peak oil proponents, US, statistical agency, energy production

An Arbitrage Opened Following a Sharp Increase in European Mtbe Prices

Dec 28, 2012

An arbitrage to move cargoes of methyl tertiary butyl ether [MTBE] from Asia to Europe has opened following a sharp increase in European MTBE prices on the back of growing demand, trading sources said Friday. European MTBE prices hit ...

Tags: methyl tertiary butyl ether, MTBE price, Asia, European market

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