Daily purchases from China's state reserve have fallen in recent weeks amidst market perceptions that reserve sale prices may be lowered, competition from foreign cotton, and the prospect of new-crop cotton offered below the current reserve ...
Tags: Apparel, Accessories, Textile
European spot steam cracker margins hit a near month high of Eur72/mt ($98/mt) Wednesday on the back of an increase in ethylene. Ethylene spot prices Wednesday reached their highest point since the end of February at Eur942.50/mt FD NWE, ...
Methanex, the world’s largest producer and supplier of methanol to major international markets, has announced its new regional contract methanol prices for North America and Asia Pacific regions. For the North American region, ...
Tags: Methanol, organic chemical
The June US butadiene contract price settled down 2-3 cents/lb from May at a 65-76 cents/lb ($1,433-$1,675/mt) split, sources said Monday. TPC Group, Shell Chemicals and LyondellBasell each were 3 cents lower than May at 65 cents/lb, ...
Tags: Butadiene, Shell Chemicals
Styrolution is seeking to expand polystyrene margins following the settlement of the June styrene contract price, the company said late Monday. With the Northwest European styrene contract agreed at Eur1,360/mt FOB ARA ($1,850/mt), down ...
Tags: Styrolution, Polystyrene
Asian paraxylene buyers placed their counterbids for June at $1,150-1,170/mt CFR, more than $100/mt lower than nominations for the Asian contract price, sources close to the negotiations said Thursday. There are four PX ACP sellers in ...
Tags: paraxylene, oil
The May US contract price for acetone settled 1 cent ($22.05/mt) lower at 66.25 cents/lb ($1,460.55/mt), sources said Tuesday. There were expectations amongst market participants for the settlement to decline despite snug supply, because ...
Tags: acetone, co-product of acetone
Vancouver-based Methanex has cut its June contracts in the US by 10 cents to $1.60/gal FOB US Gulf, the company said Friday. The decrease marks the third straight month of 10-cent declines. After discounts and rebates that average 13%, ...
US methanol contract prices are expected to drop sharply for June following rapidly declining spot prices in recent months, sources said Thursday. June contract announcements from Methanex and Southern Chemical Corp. were expected to be ...
Tags: Methanol, methanol contract
June US butadiene contract prices are expected to roll over or possibly fall slightly compared with May contract prices as spot levels have dropped throughout May, sources said Wednesday. Many sources expect a rollover in contract pricing ...
Tags: Butadiene, contract price
MEGlobal has rolled over its June North American benchmark for monoethylene glycol at 51 cents/lb, multiple market sources said Friday. The company said earlier this week that its June Asia contract price would decline $20 to $1,080/mt ...
Tags: PET makers, DEG prices
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
Northwest European methanol spot prices have fallen below Eur300/mt for the first time since October 2, 2012, under pressure from ample supplies in the market, according to sources. Platts assessed spot methanol at Eur299.50/mt ($411/mt) ...
Tags: Methanol, spot prices
US May propylene contract price settlements fully settled at a 0.5 cent/lb ($11/mt) decrease compared with April's contract price, sources said Monday. The decrease puts prices for chemical-grade propylene at 69 cents/lb and polymer-grade ...