Miner BHP Billiton expects India to lead future demand growth for coking coal, as Chinese imports steady while global competition from suppliers in Australia, Russia and North America intensifies. The world's biggest seaborne coking coal ...
Tags: Coal Demand, coking coal, coking coal miner
Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...
Tags: Iron Ore Market, spot demand, steelmaker
The liquidation of the March contract proceeded in a speedy and orderly fashion, as open interest was down to just 6’393 contracts or 639’300 bales as of this morning. With another 3’300 contracts trading, most of ...
Tags: Cotton Futures, Textile
Due to the stocktaking at end of year, the demand for steel round bars in the Taiwanese domestic market seems to become slow. However, since the Chinese mills said they may raise new S45C round bar export offer price, it has pushed ...
Tags: steel round bars, Taiwanese domestic market, demand, price
The year 2013 was a blessing for Pakistan’s textile industry, especially for the spinners. The country’s spinners made the most out of their competitiveness over India, courtesy good production of short staple fibre. Din Textile ...
Tags: Din Textiles, textile industry
Taiwanese steel pipe distributors and users have initiated to replenish their stocks since middle of December while the steel pipe prices are still steady. They expect the market prices released from Chung Hung Steel and China Steel ...
Tags: Steel Pipe Market, Mineral
Texas A&M AgriLife Extension Service economists recently provided 2014 projections for major commodities produced in Texas, with many pointing to past drought conditions as a key factor in making or breaking a crop. The Plains region of ...
Tags: Agriculture, Food
Japanese steel mills are going to initiate the negotiation of carbon steel hot rolled coil price for next January with their customers in Middle and South & Central America. It is expected those mills could up the HRC prices about ...
Tags: Steel Mills, HRC Prices
ICE Cotton futures traded unchanged on last week, with the main Z3 contract settling at 84.52 c/lbs. Physical supplies for delivery to mills through 2013 year-end are looking increasingly tight, as spot supplies of Australian, West African ...
Tags: ICE Cotton, Textile
After trading to a low of 82.11 cents last week, downside momentum faded and the market was able to move slightly higher this week, with December closing today about 300 points above important long-term support at 81.72 cents. The lack of ...
Tags: NY Futures, Textile
The futures market cooled off further this week, as speculators and the trade continued to reduce their respective positions in the December contract. The spot month has now lost over 46’000 contracts in open interest since it peaked ...
Tags: Cotton Futures, Textile
The Stainless Steel Tube Trade Advancement Committee (SSTTAC) said Wednesday that it has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the US market and the data confirms ...
Tags: Chinese Mills, Stainless Pipe
It’s reported that the market prices for Korean Hot rolled coils (HRC) may have reached the bottom level as the market is observing that it might hard for the Chinese mills to decrease their prices further for Korean market. ...
Tags: HRC Prices, Hot rolled coils
The downtrend of iron ore prices in the Chinese market is expected to continue in the third quarter this year, according to a report issued by Standard Chartered Bank on May 29. Due to earlier declines in iron ore prices than expected, ...
As of May 20, inventory of iron ore at 25 major Chinese ports amounted to 72.49 million mt, indicating an increase of 585,000 mt or 0.81 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore Inventory, Chinese Ports