Styrolution is seeking to expand polystyrene margins following the settlement of the June styrene contract price, the company said late Monday. With the Northwest European styrene contract agreed at Eur1,360/mt FOB ARA ($1,850/mt), down ...
Tags: Styrolution, Polystyrene
North America-based petrochemical companies are likely to enjoy a competitive advantage over their rivals based elsewhere for the next several years as a result of the US shale gas revolution, which provides both inexpensive feedstocks and ...
More toluene contracts for June in Northwest Europe have been agreed at a range of $1,111-1,115/mt FOB NWE, according to three consumers. The settlements represent a small decrease from the previous month's settlements of ...
Tags: Toluene, gasoline market
China's Bohai Commodity Exchange, or BOCE, a government-backed online trading platform, has added molybdenum to its list of spot commodities, and this is expected to boost moly trade in the mainland and increase price transparency, industry ...
Tags: BOCE, online trading platform
South Sudan has received over $3.5 billion from the sale of crude oil between June 2013 and May 2014, the country's oil minister Stephen Dhieu Dau said in a statement made available to Platts in the capital Juba on Sunday. "As from June ...
Tags: crude oil, oil industry
US natural gas demand would increase 3.29 Bcf/d by 2020 as a result of the US Environmental Protection Agency's newly released plan to cut carbon dioxide emissions from power plants 30% from 2005 levels by 2030. After 2020, gas demand ...
Tags: Natural Gas, gas prices
The city-owned utility in Owensboro, Kentucky, received about 10 bids in response to a recent request for proposals to buy 250,000-500,000 st of high-sulfur coal for 2015 and 500,000-750,000 st in 2016-2019, a utility official said Monday. ...
Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
China's Shanghai Shipping Freight Exchange plans to launch dry bulk freight futures contracts on June 18, the first of its kind in the global freight market, SSEFC President Yu Jun said late last week. "Being the first to launch such a ...
South Africa's Universal Coal announced Monday that it expected to start exporting thermal coal from its Kangala mine through the Richards Bay Coal Terminal from July onward after it had started the cold commissioning of the mine's washing ...
Tags: Coal, Universal Coal
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
Global aluminum producer Alcoa has offered third-quarter term shipments at a $408/mt premium to London Metal Exchange cash, CIF Japan, Japanese buyers said Thursday. The premium is for primary aluminum ingot to be shipped to Japanese main ...
Tags: aluminum, Japanese market
US propane and propylene stocks increased 2.17 million barrels in the reporting week that ended May 23, Energy Information Administration data showed Thursday. A week earlier, the build was almost identical at 2.18 million barrels. The ...
Tags: propane, propylene stocks
Turkish petrochemical producer Petkim Thursday increased the prices of polyolefins by $15-20/mt, sources said. Petkim was not immediately available to confirm. New list prices for low density polyethylene, high density PE injection ...
Tags: Polyolefins, petrochemical producer, Petkim
Asian paraxylene buyers placed their counterbids for June at $1,150-1,170/mt CFR, more than $100/mt lower than nominations for the Asian contract price, sources close to the negotiations said Thursday. There are four PX ACP sellers in ...
Tags: paraxylene, oil