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Industry Views
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China's Exports of Unwrought Magnesium Fell 33.7%
Mar 28, 2014China's exports of unwrought magnesium, with a minimum magnesium content of 99.8%, fell 33.7% year on year to 11,844 mt in February, data released Wednesday by the country's General Administration of Customs showed. February exports were ...
Tags: Magnesium Exports, magnesium alloy
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The European Aluminum Foil Market Was Stable But Largely Flat in 2013
Mar 28, 2014The European aluminum foil market was stable but largely flat in 2013, with output edging up from 2012 levels, according to figures released by the European Aluminium Foil Association. "The outlook for 2014 is viewed optimistically, with ...
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The US Ethylene Market Could Have Six New World-Scale Steam Crackers Online by 2017-2019
Mar 28, 2014The US ethylene market could have six new world-scale steam crackers online by 2017-2019, Dow Chemical's Jim Fitterling said Wednesday. Speaking at the IHS World Petrochemical Conference in Houston, Fitterling announced expansions for the ...
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IFPEN Have Launched Via Atol, a Joint Partnership,Technology to Produce Bio-Ethylene
Mar 28, 2014Total Petrochemicals and IFP Energies Nouvelles (IFPEN) have launched via Atol, a joint partnership, technology to produce bio-ethylene via the dehydration of renewable ethanol, the companies announced Wednesday. The technology will ...
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Raspadskaya Lost a Net $126 Million in 2013
Mar 28, 2014Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
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Freight Rates for Shipping Coal Dropped Significantly in The Week to March 25
Mar 28, 2014Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou dropped significantly in the week to March 25, ending a five-week upward trend, Qinhuangdao Port said ...
Tags: coal, coal stocks, Freight rates
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US Gulf Coast Crude Stocks Climbed to Their Highest Level on Record in The Week
Mar 28, 2014US Gulf Coast crude stocks climbed to their highest level on record in the week that ended Friday, hitting 200.3 million barrels, as growing pipeline capacity from Cushing, Oklahoma, sends barrels surging south, according to data released ...
Tags: Crude Stocks, pipeline capacity, refinery
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Asian Methanol Prices Are Expected to Come Under Heavy Downward Pressure in April
Mar 28, 2014Asian methanol prices are expected to come under heavy downward pressure in April after a ramp up in production in Southeast Asia and an influx of Iranian-origin cargoes, trading sources said Wednesday. Since the beginning of March, Asian ...
Tags: Methanol Prices, methanol, Iranian market
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China's Jinling Mining Hiked Iron Ore Concentrate Production to 1.23 Million Mt
Mar 27, 2014China's Jinling Mining hiked its iron ore concentrate production in 2013 to 1.23 million mt, up 6.9% year on year in 2013, the Shenzhen-listed company said in its financial report released Tuesday. Jinling, one of the few Chinese iron ore ...
Tags: Jinling Mining, iron ore mining
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Multiple Ethanol Production Facilities in The US Midwest Will Undergo Turnarounds
Mar 27, 2014Despite ethanol prices at their highest levels in nearly eight years, multiple ethanol production facilities in the US Midwest will undergo spring maintenance turnarounds in the coming weeks, sources said Tuesday. Flint Hills Resources ...
Tags: Ethanol, ethanol production
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Australia's New Hope Corporation Reported an 11.3% Fall in Thermal Coal Production
Mar 27, 2014Australia's New Hope Corporation Tuesday reported an 11.3% year-on-year fall in thermal coal production to 2.7 million mt in the half year ended January 31. The drop in production was attributed to the planned closure of its New Oakleigh ...
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South Korea's Imports of Iranian Crude Oil in February More Than Doubled
Mar 27, 2014South Korea's imports of Iranian crude oil in February more than doubled to 8.140 million barrels, or 290,714 b/d, compared with 3.974 million barrels a year earlier, data released Tuesday by state-run Korea National Oil Corp. showed. ...
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US Spot Mixed Xylene Prices Fell to a 20-Month Low at $3.54/Gallon FOB US Gulf Coast
Mar 27, 2014US spot mixed xylene prices fell to a 20-month low Monday at $3.54/gallon ($1,072.62/mt) FOB US Gulf Coast. Spot prices were last seen lower on June 28, 2012, when assessed at $3.50/gal FOB USG, Platts data showed. Mixed xylene prices ...
Tags: Mixed Xylene, xylene imports
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Imports Will Account for Close to 80% of China's Iron Ore Requirements by 2016
Mar 26, 2014Imports will account for close to 80% of China's iron ore requirements by 2016 as deteriorating ore quality makes more domestic supply uncompetitive in a lower price environment, China Hanking chief executive Guocheng Pan told an industry ...
Tags: Iron Ore Supply, Iron, Steel
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A Short Intro About Chemicals
Mar 25, 2014When it comes to manufacturing, supplying, exporting and importing, India comes first in all these. Indian export and import chemical business becomes one of the global hubs for traders in the past two years. Indian chemical industry is one ...
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