The arbitrage window for Asian benzene cargoes headed to the US Gulf Coast is open again after remaining shut for almost three weeks, according to Platts data. Based on the latest assessments, the FOB US Gulf-FOB Korea spread at $74.89/mt ...
Tags: Benzene, export demand
The first half of 2014 is drawing to a close but the wait continues for a strong economic upturn that would globally spark sustainable sales growth in the high-tech industry. So far, what many industry observers and economists can point ...
Tags: Electrical, Electronics, High-Tech Industry
European coatings companies have been hoping that this year would bring a revival in their domestic markets as the European Union economies, particularly those in the eurozone, started to show signs of recovery around mid-2013. But the ...
Tags: Construction, Decoration, Coating
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM
Iron ore prices of just under $120/mt are likely to stay flat in the medium term, with some softening expected in the short term, a Sanlam Securities' mining analyst said Wednesday. "There's going to be volatility in the iron ore price as ...
Tags: Iron Ore, Medium Term
The CFR China phthalic anhydride market has plunged to a three-year low amid weakness in China's real estate market, dragging South East Asian PA prices down with it, market sources said this week. PA is used to make dyes and is also a ...
Tags: Phthalic Anhydride, real estate, DOP
Freight rates for grain runs from South America to the Far East declined on Friday amid low Chinese soybeans demand, oversupply of tonnage and generally bearish sentiment in the Atlantic market. Grain runs basis 60,000 mt on the ...
Tags: grain, soybeans, Chinese demand
The World Trade Organization has ruled in favour of the US, Europe and Japan in a dispute with China over its export restrictions on rare earth. China's rare earth industry – responsible for almost 90% of global output – ...
Tags: Rare Earth, rare earth export
Russian steelmaker Severstal has announced its financial results for the fourth quarter and the full year of 2013. Accordingly, in the fourth quarter Severstal registered a net loss of $74 million compared to a net profit of $157 million in ...
Tags: steelmaker, Severstal, Mineral
Soybeans were higher on commercial and technical buying. USDA’s outlook forum projects soybean planting at 79.5 million acres, less than what many private firms were expecting, so it looks like beans are trying to buy some acreage. ...
US for-hire truck tonnage fell 4.3% in January, but you can blame the weather. The American Trucking Associations said its tonnage index was still up 1.2% year-over-year. The softening from December was attributed to winter storms, and ...
Tags: Truck Tonnage
Scientists at the US Naval Research Laboratory (NRL) have suggested a method that could significantly increase the efficiency of green-blue-ultraviolet LEDs based on GaInN/GaN, AlGaN/GaN and AlInN/GaN quantum wells. It is reckoned that ...
Taiwan exported US$1.5 billion worth of machinery in January, down 4.4% from the same month of 2013 due chiefly to a 31.1% decline in exports to mainland China, the biggest overseas market for the island's machinery. The Taiwan ...
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
The estimated production margin for a typical US Midwest dry-mill ethanol plant in the week ending Friday fell 8.98 cents, or 15.04%, to a 28-week low of 50.73 cents/gal, a review of US Department of Agriculture and Platts data showed. ...
Tags: dry-mill ethanol, Chemicals