East Timor's Kitan condensate will no longer be available in the spot market as the ultra-light oil field reached the end of its normal life, market sources said Monday. "After January, there will be no more [Kitan cargoes]," a trade ...
Tags: ultra-light oil field, condensate, crude
The Northwest European styrene monomer premium over feedstock costs has increased by Eur14/mt in December on the month, a rise of 6%, Platts calculations show. The premium hit a 2015 low in November. The December styrene contract price ...
Tags: styrene, ethylene, Ethyl-benzene
RED RME production margins in Northwest Europe remain in negative territory as the premium fell to a one-month low Monday, while feedstock prices in Europe remain strong on low availability. The differential between outright RME and ...
Tags: RED RME, rapeseed oil, oil
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
Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
Swiss confectionery company Barry Callebaut has launched Horizons range of sustainable cocoa and chocolate products. These sustainable products are part of an initiative which is aimed at improving the livelihoods of cocoa farmers and ...
Tags: Barry Callebaut, Cocoa, Chocolate
Platts assessed spot premiums for aluminum imports into Japan at $85-$90/mt plus London Metal Exchange cash CIF Japan Monday, flat since October 27, amid talks of offers available at $80/mt heard in the market. Two Asian traders said they ...
Tags: aluminum, aluminum imports
Chile's CAP Mineria's net profits in the first nine months of the year fell 83% to $17.3 million as lower iron ore prices cut income despite higher shipments and record production, according to results late Friday. The company, the mining ...
Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...
Tags: Samarco, iron ore miner, coals
Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
The Northwest European styrene monomer premium over feedstock costs has fallen to a 2015 low, Platts calculations show, as a balanced market left consumers eager to normalize November spreads over feedstocks to levels similar to the start ...
Tags: Styrene, feedstocks, premiums
Reed Huabo’s Gifts and Home China Fair is the largest trade show of its kind in Mainland China. Held in Shenzhen during the best buying seasons in April and October every year, the fair offers the widest selection of ...
Tags: Footprints
The new Opel Astra is setting standards in efficiency, design, connectivity, with technologies from higher segments – and for the total cost of ownership. In order to make full use of this brand-typical strength, the Opel engineers ...
Tags: new Opel Astra, engines, matrix light, tires
China on Wednesday announced measures to improve the living standards of retired soldiers through pension reforms. The proposed amendments to the veteran pension system have been approved by the State Council and the Central Military ...
Tags: Pension System, Veterans