An initial European monoethylene glycol May contract price was settled lower by Eur55/mt ($71/mt) to Eur965/mt FD NWE Thursday, industry sources said. The parties involved could not be immediately confirmed. The decrease was driven by ...
Tags: Chemicals, monoethylene glycol
The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...
Tags: Chemicals, petrochemical, styrene monomer
The European monoethylene glycol May contract price was fully settled Thursday Eur965/mt ($1,252/mt) FD NWE, industry sources said Friday. It represents a fall of Eur55/mt from April The initial settlement was between Shell as a seller ...
Tags: Monoethylene Glycol, Chemicals
U.S. Consumer Product Safety Commission Chairman Inez Tenenbaum told furniture manufacturers this week that it is committed to developing a national upholstered furniture flammability standard that does not require the use of harmful ...
Tags: AHFA Board, Daily Use
The Asian purified terephthalic acid margin on a spot basis hit a 10-month high Tuesday amid the bearish market for feedstock paraxylene due to active selling by Chinese PTA producers, Platts data showed. Based on Platts PTA and PX ...
Asian prices for monoethylene glycol are expected to remain under pressure this week because of record-high inventories, in spite of China's rebounding downstream polyester market, industry sources said Monday. MEG inventory levels in ...
Xilinx Inc of San Jose, CA, USA, which provides all-programmable field-programmable gate arrays (FPGAs), systems-on-chip (SoCs) and 3D ICs, and Japan's Sumitomo Electric Industries Ltd are collaborating to reduce capital expenditure (CapEx) ...
Tags: SEI, Electrical, Electronics
The backwardation structure in the Asian paraxylene market narrowed to $2/mt Thursday from $5/mt Wednesday as front-month laycans were seen to be weaker than back-month and amid heavy spot PX selling by Chinese purified terephthalic acid ...
Tags: Chemicals, PTA producers
MEGlobal set its June North American Benchmark price for monoethylene glycol at 63 cents/lb, a rollover from May, a company source said Friday. Market players said Friday there was also talk that other US producers could keep prices flat ...
Tags: MEGlobal, MEG Benchmark
Due to the slack demand from the South Korean pipe-making industry, with no sign that Chinese domestic hot rolled coil (HRC) price stopped falling, Chinese HRC export to South Korea is facing a hard time. Currently, Chinese HRC ...
Market reports that China's National Energy Administration is considering a proposal to outlaw the import of some grades of lower calorific thermal coal has been greeted with a mixture of consternation and disbelief by participants in the ...
Tags: Asia Market, Thermal Coal
Iran's Petrochemical Commercial Co is expected to offer more LPG to Asia after selling a cargo to South Korea, possibly its first to this region in 2013 since an EU ban late last year, by using ships made available for CFR deliveries, ...
In the week from May 13 to May 19, the scrap indexes declined further on the Orbis Steel Index. In the given week, the Turkish rebar index continued to decrease, while Black Sea HRC export index switched to sideways movement. The Turkish ...
Tags: Scrap, Orbis Steel Index, Metallurgy
Major Chinese purified terephthalic acid makers offered down their paraxylene feedstock Monday as the May PX Asia contract price failed to settle at the end of April. The PX ACP, negotiated monthly between four PX producers and five PTA ...
Tags: PTA, PX Feedstock, ACP
After the holiday in early May, Japanese producers of austenitic stainless steel sheet began to collect the price information from the Asian customers immediately. Posco kept the austenitic stainless steel price flat for May and lifted the ...