European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...
Tags: low sulfur diesel, gasoil futures
The Stockmann Group’s revenue was down 4.7 per cent on the previous year and amounted to EUR 141.1 million in March 2014. The decline was due to currency exchange rates, as the Russian rouble reached its weakest level ever against the ...
An expected surplus of gasoil in Asia from greenfield and upgraded refineries might flow into the marine fuel market in late 2014 or early 2015, trade sources said Wednesday. Asia's maritime industry is looking to the possible supply as ...
Tags: Gasoil, Fuel Market, greenfield
The North Sea spot butane market has been inactive due to a combination of thin demand and limited availability, according to industry sources. North Sea butane is used in Northwest Europe either by the gasoline related sector in the ...
Tags: Butane Market, butane, mixed butane
Turkish mills continued to buy scrap at higher levels Monday despite the increased raw material cost, meaning margins for finished steel ebbed away. The US re-entered the market with a deal from a New Orleans source at $388/mt for 25,000 ...
Tags: Steel Scrap, Turkish mills
Europe is emerging as a world center for the development of coatings and other materials for offshore wind turbines, which potentially could be a much more cost-competitive and efficient source of renewable energy than their onshore ...
Tags: Coatings, Wind Turbines
Eurofins Scientific has bought food and environmental testing laboratory from Maintpartner Group, an industrial maintenance and operation services provider in the Baltic Sea region. Located in the Kokkola Industrial Zone, the laboratory ...
All three nearby futures contracts closed higher for the third consecutive week. Strong export demand and concerns about cold, dry conditions in the U.S. Plains pushed futures to a two-month high on Wednesday. Profit taking efforts led to ...
Tags: Wheat Price, Food
Nydree Flooring recently launched the Essentials Collection, a six-product selection that represents the company's newest commercial line. The American-crafted product is a price-competitive option that uses high-end Baltic Birch plywood, ...
Tags: Construction, Decoration
The Stockmann Group’s revenue amounted to EUR 143.9 million in January 2014. Excluding the terminated Zara franchising operations in Finland, revenue was down 4.3 per cent on the previous year. Retail market continued to be very weak ...
Tags: Fashion Division, Apparel
Continued pressure from ample global wheat supplies pushed all three futures markets lower this week. Increased export demand and threats of winterkill lent some support midweek. CBOT March wheat dropped 10 cents to $5.56/bu. KCBT fell 12 ...
Tags: Wheat
Soybeans were higher on commercial and technical buying. Weekly export sales were lower than expected, but still more than what's needed to meet USDA projections and it was a good week for shipments. Around ten to fifteen percent of ...
Tags: Soybean, Agriculture, Food
Latvia based fabric manufacturer Lauma Fabrics, operating in the Liepaja special economic zone (SEZ) of the country, has acquired 100 percent shares of the German textile firm Elastic Textile Europe GmbH, one of Europe’s leading ...
Tags: Lauma Fabrics
Russia's gasoline and naphtha exports rose in January, as the cheaper ruble versus the US dollar made export netbacks more attractive, trading sources said. According to Energy Ministry figures, 384,370 mt of gasoline were exported in ...
Wheat futures closed mixed on Friday, marking the first time in seven weeks a nearby contract closed higher than the previous week. Stronger export demand for U.S. supplies combined with cold temperatures that threaten winter wheat ...
Tags: Wheat, Ample global supplies