Bearish sentiment blanketed the Indonesian thermal coal market Wednesday amid reports of price discounting by major Chinese coal producers to their domestic customers, said traders. A medium-sized Indonesian coal producer said he expected ...
Tags: Thermal Coal Market, Deal-Making
The volume of crude from the northern Iraq region of Kurdistan being held in tanks at Turkey's Mediterranean oil hub of Ceyhan has reached 1 million barrels, Turkish energy minister Taner Yildiz told reporters Wednesday in a press ...
The European MTBE factor reached its highest level in eleven months Tuesday supported by ongoing demand for exports, according to market sources. The factor was calculated at 1.204, with MTBE FOB ARA at $1,147/mt versus Ebob gasoline at ...
Tags: MTBE Exports, Chemicals
Several US ferrosilicon market participants believe the preliminary determination giving a 0% margin on imports of Russian ferrosilicon and a 27.27% margin for imports of Venezuelan material, announced Wednesday, could have a near-term ...
Tags: Ferrosilicon, Antidumping Finding
Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
The fuel oil physical hi-lo -- the premium of 1% FOB Northwest European cargoes over 3.5% FOB Rotterdam barges -- came off a 17-month high Tuesday morning, having surged $12.75/mt to $62.75/mt Monday on fears Russia may stop or reduce gas ...
The FOB Singapore 380 CST high sulfur fuel oil cash differential slipped into a discount Monday due to excess supply. The cash differential for the higher viscosity grade fuel oil fell to a discount of 26 cents/mt Monday, down from ...
Tags: high sulfur fuel, HSFO market
The conflict between Ukraine and Russia could cause the global LNG market to tighten further if the crisis were to escalate and affect gas flows into Europe, but high gas storage inventories in the region should create a buffer in the ...
Tags: Natural Gas, Mineral
The spot price of uranium is about $35.25/lb, down 5 cents from Friday, as some sellers in the market, seeing demand wane, have lowered offer prices to conclude deals, analysts said Tuesday. Price publisher TradeTech said Friday in its ...
Tags: uranium, Discretionary Demand
US ethylene contracts for February were heard settling 0.75 cent below January mark, lowering the net transaction to 49.5 cents/lb ($1,091/mt), sources said Tuesday. The posted price for February would also settle .75 cent lower at 54 ...
Tags: Ethylene, purity ethane
The Chicago Rule 11 ethanol assessment soared Tuesday to a Platts record high amid mounting logistics issues with rail delivery, sources said. Chicago R11 ethanol was assessed at $3.16/gal, up 10 cents from Monday and $1.07/gal from one ...
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday rose 16.51 cents, or 23.63%, to a seven-week high of $0.8640/gal, a review of US Department of Agriculture and Platts data showed. ...
Tags: Ethanol, estimated production
US steel sheet pricing remained relatively static Monday as buying remained thin and market observers fixed their attention on the recently concluded purchase of ThyssenKrupp's former Calvert, Alabama, mill. The mill's purchase by ...
Tags: Steel Sheet, Mineral
Beginning in 2017, all gasoline sold in the US must contain less than 10 parts per million sulfur, the US Environmental Protection Agency announced Monday, dismissing oil industry arguments that the new standard is unnecessary and could ...
Tags: Gasoline, Metallurgy
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums