Indonesia's Ministry of Energy and Mineral Resources has set its December thermal coal reference price, also known as the Harga Batubara Acuan, at $53.51/mt FOB, setting a fresh record low for the eighth consecutive month and the lowest ...
Tags: HBA thermal coal, GAR coal
German day-ahead baseload power prices dropped below Eur30/MWh Thursday as wind power output was forecast to rise above 20 GW ahead of calmer weather conditions, which lifted contracts further out, a source said. Baseload power for ...
Tags: nuclear, lignite, coal-fired power
Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT's low on-peak power prices that month. Wind ...
Tags: Wind generation, coal-fired generation, natural gas-fired generation
The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices
Dutch and German gas prices continued to slide Monday morning as weather forecasts remained mild and crude oil weakness weighed on the curve. By midday London time, Dutch TTF day-ahead slipped below Eur16.00/MWh, last trading 37.5 euro ...
Tags: Natural Gas, Oil, crude oil
East Timor's Kitan condensate will no longer be available in the spot market as the ultra-light oil field reached the end of its normal life, market sources said Monday. "After January, there will be no more [Kitan cargoes]," a trade ...
Tags: ultra-light oil field, condensate, crude
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
Congestion at most Chinese ports has eased further over the past week due to a general improvement of the weather, a port agent source said Wednesday. Dense fog, strong winds, heavy rain and snow made several China ports close from time ...
Tags: Capesize Vessels, Iron Ore
Offers for Chinese domestic spot aluminum alloy ADC12 held steady after the previous week's fall due to a plunge in the primary aluminum price, sources said Tuesday. Despite the rebound in the primary aluminum price this week, sources ...
Tags: aluminum alloy, ADC12
The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...
Tags: SGX, Coking Coal, iron ore, thermal coal
Indonesia's state-owned oil and gas company Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday. The project is ...
Tags: crude distillation, refinery, sour crude
Venezuela's polypropylene producer Propilven is considering an expansion project and a new line at its Ana Maria Campos petrochemical complex, a source with knowledge of company operations said Monday. "The short-term project under ...
Tags: Propilven, Polypropylene, homopolymer
The Northwest European styrene monomer premium over feedstock costs has increased by Eur14/mt in December on the month, a rise of 6%, Platts calculations show. The premium hit a 2015 low in November. The December styrene contract price ...
Tags: styrene, ethylene, Ethyl-benzene
LyondellBasell subsidiary Equistar Chemicals has ended a force majeure declaration on polypropylene produced by its Bayport Polymers facility in Pasadena, Texas, the company said in a letter to its customers Tuesday. The force majeure was ...
Tags: polypropylene, Polymers, Chemicals
Australian miner Roy Hill said Tuesday the first vessel has docked at its newly completed South West Creek Wharf in Port Hedland in readiness for loading iron ore fines and lump from its new mining operation. The vessel MV Anangel ...