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

China's Raised Domestic Retail Prices of Gasoline and Diesel

Jun 25, 2014

China's National Development and Reform Commission has raised domestic retail prices of gasoline and diesel by Yuan 165/mt ($26.50/mt) and Yuan 160/mt, respectively, effective midnight Tuesday. This is the first fuel price adjustment in a ...

Tags: Gasoline, Diesel

The OTC Price for 8,800 BTU/Lb Powder River Basin Coal Dipped Again

Jun 25, 2014

The over-the-counter price for 8,800 Btu/lb Powder River Basin coal dipped again Monday, as rail issues overhang the Western market. Mines in BNSF Railway's service area, in the northern reach of the basin, are having trouble guaranteeing ...

Tags: physical market, Western market

European Styrene Production Margins Are Falling Again

Jun 25, 2014

European styrene production margins, which appeared to be rising after an explosion June 3 during maintenance at Shell-BASF's Ellba joint venture in Moerdijk, the Netherlands, are falling again, Platts data shows. Styrene's premium over ...

Tags: Styrene, styrene production

Benzene Prices Surged While SM Stayed Weak in China

Jun 25, 2014

The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...

Tags: Benzene, styrene monomer

European Refining Margins Have Recovered From Their Lows

Jun 24, 2014

European refining margins have recovered from their lows of last month, driven by a pick-up in products markets, especially jet fuel and gasoline, following run cuts throughout the region, according to traders. "Demand for products ...

Tags: Gasoline, pick-up in products, jet fuel

Setting an EU Goal to Improve Energy Efficiency Would Help Cut Natural Gas

Jun 24, 2014

Setting an EU goal to improve energy efficiency by 30% by 2030 would help cut natural gas use by 115 billion cubic meters/year and gas imports by 90 Bcm/year by 2030, compared with business as usual, according to draft European Commission ...

Tags: Gas Use, EU legislation

Turkey Continues to Increas Its Own Security of Supply

Jun 24, 2014

Turkey continues to take steps toward increasing its own security of supply, as energy use is expected to double by 2023, triggering a requirement for around 100 GW of capacity, although market participants said the current "crisis" in the ...

Tags: Gas Market, Gas plant

US Coal Stockpiles Essentially Held Steady in The Week

Jun 24, 2014

US coal stockpiles essentially held steady at 141 million st in the week that ended Thursday, but are likely to begin declining in the coming weeks as coal burn increases with summer demand, according to Bentek Energy. Bentek, a unit of ...

Tags: coal stockpiles, coal consumption

Us Chlor-Alkali Facilities Operated at 86% Capacity in May

Jun 24, 2014

US chlor-alkali facilities operated at 86% capacity in May, according to data released Friday by the Chlorine Institute, the highest effective operating rate since the 87% seen in May 2013. May 2014's operating rate represented a ...

Tags: Chlor-Alkali, liquid sodium

Northwest European Dioctyl Phthalate Spot Prices Have Fallen

Jun 24, 2014

Northwest European dioctyl phthalate (DOP) spot prices have fallen below feedstock 2-ethylhexanol (2-EH) prices for the first time since January 19, 2012, according to Platts data. DOP spot prices were assessed at Eur1,360/mt FD NWE on ...

Tags: dioctyl phthalate, DOP

Global Primary Aluminum Output Averaged 67,500 Mt/Day

Jun 24, 2014

Global primary aluminum output, excluding China, averaged 67,500 mt/day in May, up from a revised 67,300 mt/day in April, but down from 68,100 mt/day in May 2013, figures released Friday by the International Aluminium Institute showed. ...

Tags: Aluminum, Aluminum Output

LNG Japan Korea Marker for August Ended The Asian Trading at $11.925/MMBtu

Jun 24, 2014

The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...

Tags: LNG, LNG plant

Rhino to Make Its First Shipment of High-Sulfur Steam Coal

Jun 23, 2014

Rhino Resource Partners soon will make its first shipment of high-sulfur steam coal from the new Pennyrile underground mine in Western Kentucky to Louisville Gas & Electric, a Rhino official said Monday. Pennyrile, also known as ...

Tags: Steam Coal, high-sulfur steam coal

Bearish Factors Were Offsetting Any Positive Sentiment on Indian Demand

Jun 23, 2014

Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...

Tags: Chinese market, thermal coal

Australian Alumina Assessment Decreased $1.50/Mt

Jun 23, 2014

Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...

Tags: Alumina, Qingdao port

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