The premium of Indonesian Minas crude to front-month May ICE Brent futures fell to a one-month low of 4 cents/barrel on Tuesday after offers from Chinaoil in the Platts Market on Close assessment process failed to elicit buying interest. ...
US miner Drummond restarted coal loadings from its Colombian export terminal late Monday after its environmental restrictions were lifted following a three-month export ban, the company said in a statement. The miner's Colombian ...
Tags: Export Terminal, US miner, Coal Loadings
Oxea has started basic engineering for a 2-Ethylhexanol (2-EH) and a Propanol unit at its world-scale production plant at Bay City, Texas. Both units are scheduled to come on stream in late 2016. Key elements of the basic engineering work ...
Tags: Construction, Decoration, Chemicals
Sun Chemical has teamed up with T+ink to form T+sun, an organization which will provide conductive ink solutions to make packages and objects communicate, engage customers and manage inventory systems. Drawing from the global resources of ...
Coal stocks at China's four major Bohai Sea ports totaled 17.185 million mt on Sunday, down 600,000 mt or 3.4% week on week, Qinhuangdao Port said Monday. Coal stocks at Qinhuangdao Port fell 9.7% week on week to 5.74 million mt on ...
Tags: Coal Stocks, thermal coal, coal shipments
Gas contracts on European prompt markets extended last week's losses Monday on reduced demand ahead of the summer season when the market switches to injecting gas into storage facilities, which are at healthy levels. Day-ahead gas price ...
Tags: prompt markets, gas demand, gas Prices
Ukraine's National Committee for Power Regulation (NCPR), the government's energy sector regulating body, said on Monday it has moved to increase average natural gas prices for industrial consumers by 29.1% starting April 1. The committee ...
Tags: Natural Gas, gas
The CFR China phthalic anhydride market has plunged to a three-year low amid weakness in China's real estate market, dragging South East Asian PA prices down with it, market sources said this week. PA is used to make dyes and is also a ...
Tags: Phthalic Anhydride, real estate, DOP
March rolled in like a lamb and out like a lion for ULSD exports from the US Gulf Coast, which have seen an uptick within the past week, market sources said Monday. Higher prices in Europe and a refining issue in South America have ...
Tags: ULSD Exports, ULSD barrels
Market participants in Latin America are most likely to believe that polymer prices are going to decrease in the coming months, one of the main reasons the market is quite slow in countries such as Brazil, Peru and Colombia, sources said on ...
Tags: Polymer, polymer prices, Olefin
Russia's Gazprom Neftekhim Salavat has launched a new pyrolisis furnace at its Monomer petrochemical plant in Bashkortostan, in the Urals region of Russia, and expects its ethylene and propylene output this year will increase by around 13%, ...
Tags: ethylene output, ethylene
US polypropylene contracts could see a stable-to-down settlement for April, then rebound as early as May, market sources said Monday. A nomination for polymer-grade propylene contracts calling for a rollover of March pricing was giving PP ...
Tags: polypropylene, polymer-grade propylene, PGP
MEGlobal has set its April North American benchmark price for monoethylene glycol at 51 cents/lb, down 3 cents/lb from March levels, a company source said Friday. The reduction was anticipated. Earlier this month, MEGlobal nominated its ...
Tags: PET makers, CFR
Molybdenum oxide prices continued their rally on Friday, reaching a nine-month high, although some participants believe the market may be poised for a period of consolidation in the first half of April. The Platts daily dealer molybdenum ...
Tags: Moly Oxide, oxide powder, steel mills
The Turkish scrap import market moved up Thursday after a flurry of sales by European merchants. With mills still requiring April shipments, a number of bookings were heard in the market. One was confirmed coming out of the UK a couple ...
Tags: Steel Scrap, Scrap Market