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

Spot Imports of Primary Aluminum Ingot Into Japan Were Thin This Week

Apr 4, 2014

Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...

Tags: aluminum ingot, spot market

The Premium on LNG Cargoes Delivered Into The Asia Pacific Market Is Lower Than Europe

Apr 4, 2014

The premium on LNG cargoes delivered into the Asia Pacific market compared with Southwest Europe is down 63 cents/MMBtu, or roughly 19%, since early January on steady demand in the Atlantic Basin from South American buyers. Recent buy ...

Tags: LNG Cargoes, Asia Pacific market, onshore gas

Gas Prices on The European Prompt Markets Fell Sharply Wednesday

Apr 4, 2014

Gas prices on the European prompt markets fell sharply Wednesday, extending the previous day's steep losses, on reduced demand and increased Norwegian flows. The day-ahead gas contract in the Netherlands TTF hub traded below Tuesday's ...

Tags: Prompt Gas, prompt markets, next-day gas price

Low-Sulfur Crude Grades in The North Sea Have Dropped

Apr 4, 2014

Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...

Tags: Low-sulfur crude, refinery, crude

Gold Could Have Further to Go on The Downside as Physical Buying Is Still Lacking

Apr 4, 2014

Gold could have further to go on the downside as physical buying is still lacking, according to a research note published by Swiss bank UBS Wednesday. "Gold reached our one-month forecast of $1,280 this week. Despite its $100 decline from ...

Tags: Gold, Physical Buying, physical demand

NYSE:EMN Announced Plans to Again Expand 2-EH Capacity at Its Longview,Texas,Site

Apr 4, 2014

Eastman Chemical Company (NYSE:EMN) announced plans to again expand 2-EH capacity at its Longview, Texas, site. The expansion will increase capacity by approximately 20,000 metric tons per year. The company expects to complete the expansion ...

Tags: Chemicals, Construction, Decoration

The Pig Iron Market Is Likely to See Higher Traded Values in The Coming Weeks

Apr 4, 2014

While current traded prices for L8 and L10 steelmaking pig iron in northern China's Hebei province have slipped since March 3, the market is likely to see higher traded values in the coming weeks with some offers seen rising by as much as ...

Tags: Pig Iron, steel mills, Iron

Axalta Has Developed a Special Formulation of Diamond Red Exclusively for Peterbilt

Apr 3, 2014

Axalta Coating Systems, one among the leading North American manufacturers of heavy-duty truck coatings, has developed a special formulation of Diamond Red exclusively for Peterbilt to celebrate the company's 75th Anniversary. Peterbilt ...

Tags: Coating, truck coatings, Construction

The Spot US Benzene Contract Price for April Settled at $4.80/Gal

Apr 3, 2014

The spot US benzene contract price for April settled at $4.80/gal ($1,436.64/mt), a decline of 15 cents compared with March's CP, industry sources said Tuesday on the sidelines of the American Fuel & Petrochemical Manufacturers conference ...

Tags: Spot Benzene, Fuel, Petrochemical

Concentrate Produced at Sydvaranger Was Being Trialed at Further Sinter Plants in Europe

Apr 3, 2014

Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...

Tags: Iron, Iron Ore, miner

Global Copper Supply Is Expected to Remain in Surplus in 2014

Apr 3, 2014

Global copper supply is expected to remain in surplus in 2014 and continue to exert downward pressure on prices, Australia's Bureau of Resources and Energy Economics forecast in its March quarter report. "Although consumption is forecast ...

Tags: Copper, copper supply, Copper prices

China's Offtake Represented 26.3% of The March Exports, up Slightly From 25.6% in February

Apr 3, 2014

Port Waratah Coal Services' export terminals at Australia's Newcastle port shipped 2.35 million mt of mostly thermal coal to China in March, down 6% from February, the operator said in a report Tuesday. China's offtake represented 26.3% ...

Tags: Coal, thermal coal, coal shipments

The Northwest European April Benzene Contract Price Has Been Fully Settled at Eur1,019/Mt

Apr 3, 2014

The Northwest European April benzene contract price has been fully settled at Eur1,019/mt or $1,402/mt CIF ARA, market sources said Tuesday. The settlement represents an increase of Eur16/mt and $32/mt from the March contract price of ...

Tags: benzene, spot prices

The Establishment of an Asian Regional Gas Trading Hub Is Still at Least Five Years Away

Apr 3, 2014

The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...

Tags: LNG importers, gas, natural gas

NYMEX May Crude Settled $1.84 Lower at $99.74/Barrel Tuesday

Apr 3, 2014

NYMEX May crude settled $1.84 lower at $99.74/barrel Tuesday on expectations of another build in US crude stockpiles and bearish data from China and Europe. ICE May Brent settled $2.14 lower at $105.62/b. The Brent-WTI spread settled at a ...

Tags: Oil Futures, crude, NYMEX

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