Refining capacity expansions in China have been largely on track this year although the country's relatively weaker growth in oil demand could delay some projects and result in lower utilization rates, analysts said this week. Up to 1.3 ...
Tags: oil, Metallurgy, Mineral
ICE October Brent dipped to its lowest level in a week then settled $2.40 lower at $113.72/barrel Monday, while NYMEX crude also fell as uncertainty over a potential US strike against Syria remained. In after-hours trade, October Brent ...
Tags: Chemicals
Taiwan's Formosa Chemical and Fiber Corp is maintaining run rates at its three aromatics plants at 90-100% of capacity despite paraxylene production margins remaining poor, a company source said last Friday. The price spread between Asian ...
Related Media Sustaining agriculture from the board room California citrus grower bullish despite ACP-HLB threat Ag research delivers critical answers for growers, consumers A non-regulatory effort to combat the Asian citrus psyllid (ACP) ...
Tags: Agriculture, Food
US spot methanol prices reached their highest level in four months Wednesday. Platts assessed methanol at $1.43/gal FOB US Gulf Wednesday. The last time methanol was any higher was on May 2 when it was assessed at $1.44/gal FOB US Gulf. ...
Tags: Spot Methanol, Chemicals
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
INVISTA, one of the world's largest integrated producers of polymers and fibers has teamed up with Vardhman group, one of India’s largest core spinners, to develop spun yarns with LYCRA T166L Fiber that has been specially designed for ...
Tags: Stretch Woven Fabrics, Textile
Tech companies are hanging onto record amounts of cash, and industry watchers want to see more of it reinvested in the companies or distributed to shareholders. FactSet, a financial research firm, tallied all the cash and marketable ...
Tags: Computer Products, software, webservice
A combination of planned and unplanned outages sent ethylene spot prices to a 2013 high of Eur1,180-1,185/mt ($1,560-1,5667/mt) FD NWE Friday, soaring by Eur98/mt on the week. Volatility of feedstocks added to upward pressure on spot ...
Tags: Ethylene, Spot Prices
European linear low density polyethylene C4 contract prices logged a Eur20/mt ($26.50/mt) gain on the week to touch a four-and-a-half month high of Eur1,450-1,455/mt FD Northwest Europe, buoyed by tight supplies and oil price spike, sources ...
Tags: LLDPE, Chemicals, polyethylene
Australian wool auction markets rallied spectacularly this week, with substantive price gains being recorded across the entire selection. Amidst the prevailing gloomy conditions of the past few months, very few of the buying fraternity ...
Tags: Australian wool
The Asian toluene market led a price surge in most Asian aromatic products early Wednesday, driven by crude oil futures rising on geopolitical tensions in Syria. Front-month ICE Brent crude futures hit a six-month high Wednesday, with ...
US spot mixed xylene was last assessed Friday at a five-month high of $4.25/gal ($1,296.85/mt) FOB US Gulf Coast after a trade was heard at that level for August, sources said. The spot assessment has not been this high since March 13, ...
Tags: Mixed Xylene, Chemicals
Polyethylene producers are targeting higher prices in September amid increases in feedstock naphtha and improved economic data, sources said this week. Naphtha was assessed at $914.5/mt CIF NWE Wednesday, up $2.50 on the week. The average ...
Tags: Polyethylene, Chemicals
On Wednesday, the Independent Steel Alliance (ISA) released the results of its survey of independent rebar fabricators in the US and Canada. The poll was sent to nearly 300 independent rebar fabricators throughout both countries and was ...
Tags: Rebar Fabricators, Mineral