Japan's direct-burning crude oil demand for power generation has picked up since late December as a cold spell across the country has increased appetite for loadings into March in the absence of nuclear output, industry and trading sources ...
Tags: crude oil demand, power generation
The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
US sheet steel prices are turning lower, sources said Thursday, due to a combination of lackluster demand, import concerns, and a slight weakening of discipline at the mill level. Platts lowered its hot-rolled coil assessment from ...
Tags: Steel Sheet, Weak Demand
A few Chinese thermal coal buyers were reportedly concluding deals for March-delivered imported shipments, even as most of them were getting ready to wind up for the upcoming holidays, sources said Monday. A mini-Capesize cargo of ...
Conway propane continued to slide on Tuesday morning as the market corrects from all-time high levels, sources said. Conway propane was heard trading at $2.25/gal, which was 65 cents lower from Monday's assessment. "I think we had a tad ...
Tags: Conway propane, US Energy, EIA, Midcontinent
Spot treatment charges for imported zinc concentrate paid to Chinese smelters remained flat at around $125-140/mt in January, unchanged from December, in thin trade and with ample domestic supply, industry sources in China said Tuesday. ...
Tags: thin trade, TC, industry sources, zinc
Spot January propane was trading at $3.95/gal early Monday at the Conway, Kansas, NGL trading hub, some 6 cents lower than Friday's assessment. Conway propane was assessed nearly $1/gal lower than on Thursday on Friday at $4.01/gal as ...
Tags: Midcontinent, Conway propane, NGL
European butadiene buying interest for February loading material has climbed to $1,300/mt FOB Rotterdam on the back of firm demand for exports to the US, market sources said. Reflecting this, Platts assessed butadiene at $1,287/mt FOB ...
The Chinese import price for Indian-origin ferrochrome (58-60% Cr) inched higher to 84-86 cents/lb CIF China Friday, from 84-85 cents/lb CIF a week ago, as Chinese buyers lifted their price ideas amid a strengthening Chinese yuan against ...
Tags: Origin Material, Chemicals
Ethylene spot prices have softened marginally for the first time since December 6 as feedstock naphtha prices fell, sources said. Ethylene was assessed at Eur1,000/mt ($1362) FD NWE Wednesday, down Eur7.50/mt on the day. Naphtha was ...
Allocated pipelines and terminals and potential brine issues at the Conway, Kansas, storage facility are likely behind the 25.3% spike in propane prices at the Midcontinent NGL trading hub this week, sources said Friday. On Friday, Conway ...
Tags: Conway Propane, pipelines
Electrolytic manganese metal prices remained stable for two consecutive weeks as a fall in spot supply balanced waning demand from international buyers. Platts assessed 99.7% manganese at $2,170-2,220/mt FOB China Thursday, unchanged from ...
Tags: Electrolytic manganese, Manganese
Citing mill discipline and some lingering supply problems, the US sheet market is reporting higher cold-rolled coil prices in the Midwest, but market participants have noted that the widening spread between CRC and hot-rolled coil may be ...
Tags: CRC Prices, Chemicals
Increased buying interest for North Sea crude oil cargoes, resulting in a sharp increase in price for a number of key grades, has negatively impacted Northwest European refinery margins, according to traders Wednesday. The cracking yield ...
Tags: Refinery, crude oil cargoes
More Chinese thermal coal buyers may renege on contracts for imported thermal coal shipments as international prices continue to slide, sources said Tuesday. "All the [thermal coal] prices have come down and so some reports of Chinese ...
Tags: Thermal Coal, Mineral