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

China's Apparent Demand for Gas in December Rose 14.1% Year on Year

Feb 10, 2014

China's apparent demand for gas in December rose 14.1% year on year to a record high of 16.26 billion cu m, according to Platts calculations of recently released government data. China does not release consumption data on gas. Platts ...

Tags: natural gas, gas demand

Supply Offers Nation More Import Sources, Enhances Energy Security

Feb 10, 2014

Supply offers nation more import sources, enhances energy security Energy-rich Russia has started delivering crude oil to China as of the beginning of the year after the contract signed between the two countries last June, which will ...

Tags: Oil, energy security

China Would Improve The Country's on-Grid Hydropower Pricing Mechanism

Feb 10, 2014

China's top economic planner, the National Development and Reform Commission, announced on Wednesday it would improve the country's on-grid hydropower pricing mechanism to boost investment in the sector for sustainable development. ...

Tags: Pricing System, Hydropower

Japan's Direct-Burning Crude Oil Demand for Power Generation Has Picked up

Feb 10, 2014

Japan's direct-burning crude oil demand for power generation has picked up since late December as a cold spell across the country has increased appetite for loadings into March in the absence of nuclear output, industry and trading sources ...

Tags: crude oil demand, power generation

Price Spread Was Last Lower on October 11, 2010 at $143.50/Mt

Feb 10, 2014

The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...

Tags: paraxylene, isomer-grade mixed xylenes, Chemicals

Shipment of Indonesia's Concentrate Ores Overseas Have Been at Standstill

Feb 7, 2014

JAKARTA, Jan. 27 (Xinhua) -- Shipment of Indonesia's concentrate ores overseas have been at standstill since the government's mineral ores export ban came into effect on Jan. 12, official said here on Monday. The government has required ...

Tags: mineral ores, Hence, export, Susilo Siswoutomo

Hong Kong's CSD Released The External Merchandise Trade Statistics Monday

Feb 7, 2014

HONG KONG, Jan. 27 (Xinhua) -- Hong Kong's Census and Statistics Department (CSD) released the external merchandise trade statistics Monday, according to which the value of total exports of goods rose by 3.6 percent in 2013 over 2012, and ...

Tags: CSD, U.S.Federal Reserve, exports

Spot Imported Zinc Concentrate Trade Was Thin Ahead of The Lunar New Year Holiday

Feb 7, 2014

Spot treatment charges for imported zinc concentrate paid to Chinese smelters remained flat at around $125-140/mt in January, unchanged from December, in thin trade and with ample domestic supply, industry sources in China said Tuesday. ...

Tags: thin trade, TC, industry sources, zinc

China's Chemical Sector Saw Its Profits Increase 12.2 Percent to 434 Billion Yuan in 2013

Feb 7, 2014

China's chemical sector saw its profits increase 12.2 percent year on year to 434 billion yuan ($71.06 billion) in 2013, data from the country's top economic planner showed. The sector's added value also grew by 12.2 percent year on year, ...

Tags: Chemical Fertilizer, Plastics

The Asian Paraxylene Market Flipped Into Contango Monday

Jan 24, 2014

The Asian paraxylene market flipped into contango Monday -- the first time in six months -- as spot supply started building up amid thin demand for prompt February cargoes ahead of the Lunar New Year holidays. The CFR Taiwan/China PX ...

Tags: Paraxylene, Chemicals

CNOOC Has Signed an Agreement with a Taiwanese Company to Help Promote LNG

Jan 23, 2014

China National Offshore Oil Corp has signed an agreement with a Taiwanese company to help promote LNG in Taiwan's Kinmen county. Shinfox Corp. confirmed Monday that it had signed a framework agreement on Friday with CNOOC's majority-owned ...

Tags: spot cargoes, Chemicals

The US Acrylonitrile Domestic Assessment Rose to a Nine-Month High at $1.01/Lb

Jan 23, 2014

The US acrylonitrile domestic assessment rose to a nine-month high at $1.01/lb ($2,226.64/mt) delivered Tuesday, a rise of 4 cents/lb week on week, on higher feedstock chemical-grade propylene. The last time the domestic assessment was at ...

Tags: Acrylonitrile, Chemicals

European Butadiene Buying Interest for February Loading Material Climbed to $1,300/Mt FOB

Jan 23, 2014

European butadiene buying interest for February loading material has climbed to $1,300/mt FOB Rotterdam on the back of firm demand for exports to the US, market sources said. Reflecting this, Platts assessed butadiene at $1,287/mt FOB ...

Tags: Butadiene, Chemicals

Primary Gold Projects Were The Most Active

Jan 22, 2014

The countries with the top 10 exploration budgets in 2013 attracted a total of $7.8 billion for all stages of gold, base metals, platinum group metals and uranium exploration, SNL Metals & Mining's annual Corporate Exploration Strategies ...

Tags: exploration programs, Miners

China Imposed Five-Year Duties on Solar-Grade Polysilicon Imports From The U.S. and ROK

Jan 22, 2014

China's Commerce Ministry on Monday imposed five-year duties on solar-grade polysilicon imports from the United States and the Republic of Korea (ROK). Starting on Monday, China will apply anti-subsidy duties of up to 2.1 percent and ...

Tags: tariffs, trade disputes

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