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, 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
The US hot-rolled coil market continues to be supported by limited Midwest supply, while cold-rolled coil import offers for May were heard to be lower. On the domestic front, most buyers expect another round of price increases following ...
Tags: HRC, hot-rolled coil, Construction, Decoration, coil
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
Freight rates for grain runs from South America to the Far East declined on Friday amid low Chinese soybeans demand, oversupply of tonnage and generally bearish sentiment in the Atlantic market. Grain runs basis 60,000 mt on the ...
Tags: grain, soybeans, Chinese demand
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
Small volumes of fuel ethanol from Paraguay were recently exported to Brazil, sources said Thursday. Brazilian trading houses purchased 5 million liters (1.32 million gallons) to be delivered in trucks to the states of Mato Grosso do Sul ...
Private label products are helping some retailers in Western Europe Times are changing for Europe’s retail food market, and operators are consequently finding it increasingly difficult to boost sales, according to findings from ...
Australia'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 ...
China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...
Prompt prices on the UK's NBP gas trading hub fell Friday morning as the system saw a large supply surplus and warm, sunny weather expected for the weekend should further cut heating demand. "The system was the longest I've seen it," one ...
Tags: gas storage, Oversupply
China's iron ore import prices are likely to come under pressure in March, as the expected increase in domestic steel output is unlikely to offset the impact of persistent iron ore oversupply in China, the China Iron & Steel Association ...
Tags: Iron Ore, Steel Demand
The transaction prices of L8 and L10 steelmaking pig iron in northern China's Hebei province stood at Yuan 2,460-2,510 ($400-408) /mt on March 3, down 1.6% from Yuan 2,500-2,550/mt on January 28, with the widely expected post-holiday ...
Tags: Pig Iron, Steel Market
PRC, Bearish news continues to dominate the newswires in China. Many pork producers continue to be constrained by negative margins as the industry grapples with oversupply. Meanwhile, the poultry industry remains rocked by the H79N virus ...
Tags: Agriculture, Food
Central Appalachian thermal coal prices closed mixed in the session, with only two trades seen Monday. A CAPP barge time spread was seen trading in the late morning, while a CAPP rail (CSX) quarterly swap went through after the 4 pm EST ...
Tags: CAPP Coal, Low Volume Session