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

The Data Released Brazil's Iron Oil Exports to China in March Rose to 12.1m Mt, up 4%

Apr 21, 2014

Brazil's iron oil exports to China in March rose to 12.1 million mt, 4% above the 11.6 million mt exported to that country in March 2013, Secex, Brazil's foreign trade secretary, said in data released Wednesday. The exports had a total ...

Tags: Iron Ore, iron ore exports

Iron Ore Shipments Originating From US Ports Plummeted Almost 55% in March

Apr 21, 2014

Iron ore shipments originating from US ports along the Great Lakes plummeted almost 55% in March compared to the five-year average for the month as "massive" ice formations stymied vessel movements, the Lake Carriers' Association said ...

Tags: Iron ore, steel production

Anticipated Fragmented Scrap Pricing Next Month May Bring US Scrap Prices Closer Together

Apr 21, 2014

Anticipated fragmented scrap pricing next month could bring US regional scrap prices closer together, according to market sources who generally agree on downward pricing pressure for May settlements. Scrap settlements varied wildly in ...

Tags: Steel Scrap, regional scrap prices

Ferrexpo Saw a 10.8% Gain in Pellet Sales to 2.84m Mt Due to Strong Demand Indicated

Apr 21, 2014

Ukraine-focused iron ore miner Ferrexpo said Thursday it saw a 10.8% gain in pellet sales to 2.84 million mt over the first quarter compared with a year ago due to strong demand indicated by higher premiums charged to customers. The ...

Tags: Iron Ore, Ferrexpo, key markets

The Gold Price Forecast Is 13% Lower Than The 2013 Average of $1,411.23/Oz

Apr 21, 2014

A lack of investment interest in gold is starting to take its toll on the price, with an average of $1,225/oz forecast for 2014 and heading lower in 2015, GFMS said Thursday in its Gold Survey 2014. The price forecast is 13% lower than ...

Tags: Gold Price, Physical demand

The Seaborne Iron Ore Market Reversed Losses as an Influx of Buying Activity Emerged

Apr 21, 2014

The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...

Tags: Iron Ore, Interest Resurfaces, spot market

Iron Ore Capesize Freight Rates Continued to Edge Down This Week

Apr 21, 2014

Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...

Tags: Iron Ore, freight rates, miner

Brazil's Petrobras Has Signed a Contract with Bolivian to Increase Natural Gas Imports

Apr 21, 2014

Brazil's Petrobras has signed a short-term contract with Bolivian counterpart YPFB to increase natural gas imports from the Andean nation, Petrobras said. Under terms of the contract, Petrobras will import an additional 2.24 million cubic ...

Tags: Natural Gas, Brazil's Petrobras, gas-fired power plant

The Northwest European Styrene Monomer/Benzene Spread Rallied to a Month-High of $203/Mt

Apr 18, 2014

The Northwest European styrene monomer/benzene spread rallied to a month-high Tuesday of $203/mt on stronger styrene, rebounding from a one-year low of $148/mt established April 4 but still representing deeply negative production margins, ...

Tags: Styrene, spot product

Natural Gas Demand in Italy in March Fell by 24% Year on Year to 6.026b Cubic Meters

Apr 18, 2014

Natural gas demand in Italy in March fell by almost 24% year on year to 6.026 billion cubic meters, gas and power exchange manager GME said Tuesday. GME said power plant demand fell by 33% to 1.276 Bcm, one of the "strongest decreases ...

Tags: Natural gas, Gas Demand, Heating demand

Astomos Will Increase Its US LPG Procurement Volumes by Around 400,000 Mt

Apr 18, 2014

Astomos Energy, Japan's top LPG supplier, said Wednesday it has concluded additional contracts with US' Enterprise Product Partners, including a deal to buy 500,000 mt/year of US LPG over 2019-21. Astomos will also increase its US LPG ...

Tags: LPG, Astomos

BHP Billiton Has Lifted Its Production Guidance for Iron Ore to 217m Mt, up by 5m Mt

Apr 18, 2014

BHP Billiton has lifted its production guidance for Western Australian iron ore to 217 million mt for the 12 months to June 30, up by 5 million mt from its earlier estimate, the Melbourne-based miner said Wednesday. The "relatively ...

Tags: Iron Ore, BHP Billiton

Goldman Sachs Has Upgraded Nickel Price Forecasts on The Indonesian Ban on Nickel Exports

Apr 18, 2014

US investment bank Goldman Sachs said Wednesday it has upgraded its three-month and six-month nickel price forecasts on the back of the Indonesian ban on nickel ore exports. The bank notes that following a fragmented Indonesian election ...

Tags: Goldman Sachs, Nickel

The FOB US Gulf Methanol Spot Assessment Fell to a Seven-Month Low of $1.42/Gal

Apr 16, 2014

The FOB US Gulf methanol spot assessment fell to a seven-month low of $1.42/gal ($472.86/mt) Monday as imports reached US shores and spot buyers were difficult to find in the US market, sources said. Monday's assessment was down 5.5 ...

Tags: Methanol Price, US prices

Chinese Inquiries for Imported Thermal Coal Picked up Amid Stabilizing Domestic Prices

Apr 16, 2014

Chinese inquiries for imported thermal coal have picked up amid stabilizing domestic prices and lower freight rates, but a wide bid-offer spread continues to deter spot deals, sources said Tuesday. Australian suppliers have raised their ...

Tags: thermal coal, imported thermal coal

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