Against: NatRoad Australians should brace themselves for higher prices whilst owner-operator truckers are at risk of losing their livelihood ,if a new Order takes effect next month – with The National Road Transport Association ...
Tags: Natroad, Truck, Clash looms
The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
Prices for hot-rolled and cold-rolled coil in the US are expected to bottom out by the end of the year, sources said Tuesday. Platts maintained its daily HRC and CRC assessments at $360-$370/st and $490-$500/st, respectively. Both prices ...
Tags: hot-rolled coil, cold-rolled coil
Some polymer traders in China are re-exporting their spot imported LDPE and LLDPE cargoes in a bid to clear inventory in the face of weak domestic demand, sources said Wednesday. This is an unusual practice because China usually absorbs ...
The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...
Tags: glycol, diethylene glycol, feedstock EO
The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...
Tags: Dubai crude, gasoline, sour crude
The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
The world's largest wind turbine maker, Denmark-based Vestas', third- quarter results on Thursday were boosted by strong orders for its turbines as analysts reported the group was obtaining higher prices for its products. Vestas CEO ...
Tags: wind turbine, Vestas
Hydrous fuel ethanol prices in Center-South Brazil surged on Tuesday to be assessed by Platts at Real 1,950/cu m on ex-mill Ribeirao Preto, up 7% from a week ago and a new all-time high. Hydrous fuel ethanol is used in Brazil as a ...
Tags: Hydrous fuel, ethanol, gasoline
The European Commission has launched an in-depth investigation into Mondi's proposed acquisition of two industrial packaging plants from Walki in a bid to ensure that the deal is pursuant to the EU Merger Regulation. The regulator is ...
Tags: Mondi, packaging plants, Extrusion coating
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
Using grain bins as a marketing strategy has a lot of appeal this year, as the farm markets hover at or below cost-of-production levels. Some farmers choose to use storage to help capture higher cash basis prices later in the season or to ...
Tags: Grain Storage, soybeans
Bangladesh Prime Minister Sheikh Hasina has urged the foreign buyers to raise the price of garment products, saying that this money would be spent for further welfare of the country's four million readymade garment (RMG) workers, the ...
Tags: aaparel and clothing, garment products, readymade garment export
Pennsylvania governor Tom Wolf has rejected a bill to privatize the sale of alcohol, which may result in closure of around 500 liquor stores in the state. The house bill 466 has been vetoed by the governor to reform state liquor system ...
Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...