China's largest coal producer Shenhua Group is trying to persuade traders and utilities to buy more coal in a bid to reduce inventories at ports as relatively high stocks at utilities and robust hydropower production continue to weigh on ...
Tags: Coal Stocks, China's Shenhua
Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
July registered a considerable increase in New York since the First Notice Day is in sight. The quotations thereby reflected active position adjustments on the one hand and were a sign of limited available stocks on the other hand. ...
Tags: domestic market, Staple Cotton
US coal stockpiles essentially held steady at 141 million st in the week that ended Thursday, but are likely to begin declining in the coming weeks as coal burn increases with summer demand, according to Bentek Energy. Bentek, a unit of ...
Tags: coal stockpiles, coal consumption
The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
Oops, we did it again. Another solid USDA export report and the market tanked. The beginning of the week the market was on a tear to the upside but the market reaction to this “bullish” report turned the fundamentals on their ...
Tags: Cotton Futures, Cotton Market
LASYS 2014 to see demo of high-power welding with online seam tracking; BMW-Mini already a fan. Laser positioning and deflection technology developer Scanlab and subsidiary Blackbird Robotics will be presenting their new robot-assisted 3D ...
Tags: Scan System, Laser-Robots
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
Midweek buying by speculators and some commercial customers helped rhodium recover from a selloff early in the week, leaving price levels virtually unchanged week on week Friday. The Platts New York Dealer rhodium price range narrowed to ...
Tags: Rhodium Price, PGM refiner
US over-the-counter thermal coal prices closed mixed on Friday as traders digested the most recent weekly natural gas storage data, which propelled natural gas front-month futures to more than a five-week high in the previous session. The ...
Tags: Natural Gas, thermal coal
European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices
The Asia to Europe arbitrage window for methanol will remain shut in the third quarter of 2014 on expectations of higher export volumes from the Middle East and stronger Chinese demand that would soak up Asian supplies, sources said late ...
Tags: Methanol, natural gas
NYMEX July natural gas futures settled largely unchanged Tuesday -- up 0.2 cent to $4.709/MMBtu -- as the market waited for data later this week that is likely to show a sixth straight triple-digit storage injection while near-term ...
Tags: Gas Futures, natural gas
China's coastal coal freight rates are showing signs of stabilizing this week, after falling for three months amid lackluster shipping demand from utilities. As of June 18, the shipping rate for vessels of 50,000-60,000 dwt from ...
Tags: Fenwei Energy, Freight Rates