Benzene prices showed upward trend in Asia and Europe while they were steady in US in the week ending February 9, 2013. In Korea, Benzene prices increased last week, due to strong buying sentiment in the downstream market. In the early ...
The latest freight rate indications as issued by Banchero Costa are as follows: Products: - 15,000-20,000 mt from the Black Sea approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt approx. $16.5-17.5/mt FIO to Italy ...
The premium for 50 ppm gasoil barges in the Amsterdam-Rotterdam-Antwerp region has fallen to its lowest level since Platts began assessing it on January 4, 2011 as German demand for heating oil remains unseasonably low. The FOB ARA 50 ...
Tags: gasoil barges, heating oil, Amsterdam-Rotterdam-Antwerp
Workers at SABIC's Geleen petrochemicals site in the Netherlands are proceeding to strike after failing to reach a new labor agreement with the management, company and union sources said Tuesday. SABIC has around 1,850 staff at Geleen, ...
Tags: SABIC, labor agreement, strike
Europe needs a stable legal framework if biofuels research and development is to prosper, Neste Oil's Executive Vice President, Oil Products, Matti Lehmus, said at a conference Monday. A proposal in October by the European Commission ...
Tags: Europe, biofuels, Oil Products
Vale said Tuesday that it will complete its first iron ore shipment to ArcelorMittal using a Valemax vessel to be discharged at the port of Rotterdam. The Berge Jaya, chartered by Vale, is scheduled to berth at Rotterdam's EMO dry bulk ...
Tags: iron ore vessel, iron ore, ore carrier
The dream of a high school diploma became reality recently for 98 employees of Denimatrix in Guatemala City, Guatemala. Denimatrix is part of the Textile and Apparel Division of Lubbock, Texas-based Plains Cotton Cooperative Association ...
Tags: diploma, textile, Textile and Apparel Division of Lubbock
Vale announced Monday that the Port of Kimitsu, in Japan, received a Valemax vessel for the first time on January 19. The Vale Brasil, which has a capacity to transport up to 400,000 metric tons of ore and is capable of reducing carbon ...
Tags: Vale, Port of Kimitsu, vessel
Benzene prices continued the downward trend in Europe and US in the week ending January 12, 2013. In Europe, prices were assessed in the range of US$ 1390-1495/ton FOB Rotterdam, lower by 6% w-o-w. Prices showed similar trend in US as ...
Tags: Benzene, prices, downward trend
In Korea, O-Xylene prices surged up in the week ending January 12, 2013. Overall, market sentiment and downstream demand improved. In the initial days of the reporting week, prices were assessed at US$ 1590/ton higher by US$ 35/ton, as ...
European Toluene market had dull sentiments in the earlier days of this month. Upstream product prices remained unstable and market experts predicted sluggish downstream demand for the first quarter of the current year. However, ...
Tags: toluene, Toluene market, Toluene industry
Rotterdam based rental and technical solutions company Peitsman Licht en Geluid (Light & Sound) has purchased Robe's latest Robin DLX Spot and DLF Wash fixtures, in the process becoming the first DLF users in the Benelux region. It is ...
Tags: Peitsman Licht en Geluid, Robe, DLF, Light&Sound
The US residual fuel oil hi-lo, the spread between Atlantic Coast 1%S and Gulf Coast 3%S, registered its largest physical and paper drop in six weeks Tuesday as the recent LSFO demand pop subsided. At the same time, the tightness in the ...
Tags: fuel oil, oil, sulfur fuel oil, fuel oil trade
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use
Benzene prices went down in Europe,in the week ending January 5,due to lower downstream product prices and insipid market sentiments in the US. In the initial days of last week,spot prices were at US$1525/ton,slightly down as compared to ...
Tags: European, benzene prices down