Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...
Tags: domestic demand, Chemicals
Japan's stocks of liquefied petroleum gas rose 4.69% month on month to 2.145 million mt as of September 30, marking the fourth straight month of increase as imports inched up to meet utility demand ahead of winter, data from the Japan LPGas ...
Tags: LPG Stocks, liquefied petroleum
Spot price assessments for US gasoline plunged to the lowest levels of the year across the country Wednesday, pressured by high inventories and weak demand tied to seasonal changes and more efficient vehicles. Gasoline prices in the US ...
Tags: Metallurgy, Mineral, Energy
Bunnings has once again proved the star performer in the Wesfarmers stable, as the company expressed cautious optimism for the coming year. Announcing Wesfarmers' retail sales results for the first quarter of the 2014 financial year, ...
Reportedly, the world's largest aluminum producer, Rusal Company plans to cut its aluminum output in 2014. It's learned that Rusal will cut its output by 647,504 tons in 2014. In March, 2013, Rusal has planned to cut output by 300,000 tons ...
Tags: Aluminum, Metallurgy, Mineral
The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...
Tags: Paraxylene, PX-Naphtha
Deal or no deal, the US Congress' dance with default impressed policymakers and investors in China and Japan with just how vulnerable their own economic revival plans are to the next political tantrum on Capitol Hill. The 11th-hour ...
Tags: Dollar Drama, Economy
French drinks major Rémy Cointreau has posted a 6.3% decline in its H1 2013 total sales to €558m, compared to €596m in the corresponding period last year. The company attributed the drop in sales to challenging economic ...
Tags: Remy Cointreau, drinks
LCD driver IC vendors expect demand to pick up in the second half of October when downstream small LCD module makers will begin to replenish their component inventories, according to industry sources. Sales of white-box and entry-level ...
Tags: LCD Driver, IC Vendors
Australian iron ore miner Atlas Iron Limited announced today, October 17, that strong production from its existing operations, together with the commissioning and ramp-up of the Abydos mine resulted in another quarter of record production ...
Tags: Iron, Iron Ore, Metallurgy, Mineral
Japan's industrial output in August fell a seasonally adjusted 0.9 percent compared with July, downgraded 0.2 percentage point from the initial 0.7 percent fall, local media reported Tuesday. The Ministry of Economy, Trade and Industry ...
Tags: Industrial Output, economy
According to a report released by the Metals Service Center Institute Tuesday, US service center steel shipments in September 2013 increased by 9.8 percent from September 2012. Steel product inventories decreased 8.4 percent from September ...
Tags: Metallurgy, Mineral, Energy, steel
US service centers shipped 121,700 mt of aluminum products in September, up 8.2% compared with September 2012, the Metals Service Center Institute said Tuesday. Aluminum shipments in the first nine months of 2013 totaled 1.122 million mt, ...
Tags: Aluminum, Metallurgy, Mineral, Construction
European styrene prices continued to fall Tuesday, continuing the bearish domestic trend seen since the start of September as sellers continued to look to offload excess supply in Europe. However, sources pointed to alternative export ...
Chicago Argo ethanol was assessed Monday at a two-week high of $2.07/gal amid stronger corn futures and tight ethanol supply, sources said. Specifically, the Chicago Argo ethanol assessment rose 1.5 cents from Friday to the highest level ...
Tags: Agriculture, Food, tight ethanol, corn