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

MEGlobal Nominated Its May Asia Contract Price for Monoethylene Glycol

Apr 14, 2014

MEGlobal on Thursday nominated its May Asia Contract Price for monoethylene glycol at $1,100/mt CFR main port, unchanged from April, according to a notice to buyers provided by the company. The price reflected "the short-term ...

Tags: MEGlobal, MEG prices

US Orthoxylene Contracts Were Heard Settling at 57 Cents/Lb for April

Apr 14, 2014

US orthoxylene contracts were heard settling at 57 cents/lb ($1,256/mt) for April, down 1.5 cents from March, industry sources said Thursday. There had been expectations in the market that contracts could roll over, with feedstock-mixed ...

Tags: Orthoxylene, OX demand

Traders Are Looking to Send About 4,000 Mt of Mexico-Origin Ethylene to Asia

Apr 14, 2014

Traders are looking to send about 4,000 mt of Mexico-origin ethylene to Asia for mid-April loading to take advantage of higher prices than in the weak European market, sources said Thursday. But they said the possibility of such a trade ...

Tags: ethylene, European market

UK NBP Wholesale Gas Prices Eased Thursday Morning

Apr 14, 2014

UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...

Tags: gas network, LNG tankers, LNG

The Top Natural Gas Analyst at Jefferies Raised His 2014 Gas Price Forecast 8%

Apr 14, 2014

The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...

Tags: natural gas, analyst, Coal

HDA Units Convert Heavier Aromatics Into Benzene

Apr 14, 2014

Toluene hydro-dealkylation units in Europe are maximizing their run rates amid continuous strength in the benzene market, leading to a renewed interest in incremental toluene, according to sources. This has already triggered some spot ...

Tags: Benzene, Toluene, hydro-dealkylation

PPG Coatings Business Recently Held a Successful Seminar on DURANAR Coatings

Apr 14, 2014

PPG Industries' industrial coatings business recently held a successful seminar on DURANAR coatings at the Hong Kong International Commerce Centre (ICC), highlighting its fluoropolymer coatings and introducing a new product under the ...

Tags: PPG, Coatings, Construction

BASF and Sinopec Today Inaugurated Two New Plants for Acrylic Acid and SAP

Apr 14, 2014

BASF and Sinopec today inaugurated two new plants for acrylic acid and superabsorbent polymers (SAP) at their state-of-the-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China. Additionally, a new butyl acrylate ...

Tags: Basf, Construction, Acrylic Acid, Chemicals

The U.S. Environmental Protection Agency Today Proposed a Plan

Apr 11, 2014

In an historic action that will protect people's health and the environment, and benefit riverfront communities, the U.S. Environmental Protection Agency today proposed a plan to remove 4.3 million cubic yards of highly contaminated ...

Tags: EPA, certification

The Winning Bid in The Monthly Auction Was Yen 32,610/Mt FAS or Free Alongside Ship

Apr 11, 2014

The winning bid in the monthly auction held Wednesday for Japanese H2 ferrous scrap for export from Tokyo Bay was Yen 32,610/mt ($319.70/mt) FAS or free alongside ship, the organizer of the tender said. The bid was Yen 1,700/mt higher ...

Tags: Ferrous Scrap, Itochu Metals

China's Domestic Spot Prices for Copper, Aluminum, Lead and Zinc Fell

Apr 11, 2014

China's domestic spot prices for copper, aluminum, lead and zinc fell between 1.2% and 11.9% year on year over January-February, the Ministry of Industry and Information Technology said Wednesday. Copper posted the biggest drop, falling ...

Tags: Copper, Aluminum, Zinc

Oil and Gas Development Co. Has Increased The Price of Gas Sold to Twin Distributors

Apr 11, 2014

Pakistan's biggest oil and gas explorer, Oil and Gas Development Co., has increased the price of gas sold to twin distributors -- Sui Northern Gas and Sui Southern Gas -- by almost 8%, the company said in a statement Wednesday. The Oil ...

Tags: oil, gas explorer, Sui Southern Gas

US Powder River Basin 8,800-BTU/Lb Thermal Coal for May Delivery Closed 20 Cents Higher

Apr 11, 2014

US Powder River Basin 8,800-Btu/lb thermal coal for May delivery closed 20 cents higher at $13.05/st on Wednesday, the highest level for the front month since November 23, 2011, when the price closed at $13.75/st. PRB 8,800 physical May ...

Tags: thermal coal, coal production, PRB basin

Iron Ore Prices of Just Under $120/Mt Are Likely to Stay Flat in The Medium Term

Apr 11, 2014

Iron ore prices of just under $120/mt are likely to stay flat in the medium term, with some softening expected in the short term, a Sanlam Securities' mining analyst said Wednesday. "There's going to be volatility in the iron ore price as ...

Tags: Iron Ore, Medium Term

Johannesburg-Listed Keaton Energy Produced 2.19 Million Mt of Thermal Coal

Apr 11, 2014

Johannesburg-listed Keaton Energy produced 2.19 million mt of thermal coal from its Vanggatfontein Colliery in the financial year ended March 31, up 45% on the year, according to its production update released Wednesday. It said all the ...

Tags: Keaton Energy, Thermal Coal, coal sales

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