MEGlobal has set its April North American benchmark price for monoethylene glycol at 51 cents/lb, down 3 cents/lb from March levels, a company source said Friday. The reduction was anticipated. Earlier this month, MEGlobal nominated its ...
Tags: PET makers, CFR
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...
The Northwest European orthoxylene contract price for March has been confirmed as fully settled at Eur940/mt ($1,291/mt) FD NWE, sources said Wednesday. The settlement represents a Eur25/mt decrease from February, following a Eur40/mt ...
Tags: Orthoxylene, contract price, Chemicals
March contracts for US orthoxylene rolled over for March, settling at 58.5 cents/lb ($1,290/mt), market sources said Thursday. Contracts were settled Wednesday, they said. Sources said sellers went into negotiations seeking a slight ...
Tags: orthoxylene, Chemicals, March contracts
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
The March US butadiene contract price Friday settled up 8-13 cents/lb ($176-$287/mt) from February at a 68-78 cents/lb ($1,499-$1,720/mt) split settlement, sources said. LyondellBasell, Shell Chemicals and TPC Group settled up 8 cents/lb ...
Shell Chemicals nominated its March US butadiene contract price up 8 cents/lb ($176/mt) from February to 68 cents/lb ($1,499/mt), sources said Thursday. Shell officials could not be reached immediately for confirmation. TPC Group also ...
The UAE's Dubai Gold and Commodities Exchange, or DGCX, and China's Dalian Commodity Exchange, or DCE, announced Wednesday that they will simultaneously launch their respective polypropylene futures contracts on February 28. "The ...
Tags: Polypropylene Futures, Chemicals
Federal Agriculture Minister Gerry Ritz and Saskatchewan Agriculture Minister Lyle Stewart announced details of the 2014 Crop Insurance Program, which includes a number of new features to help producers mitigate their risk. ...
Tags: Crop Insurance, Agriculture
European olefin buyers said they are more optimistic about a decrease in ethylene contract prices than propylene for February, amid tightness in propylene. Buyers are aiming for a fall in both contract prices following the direction of ...
Tags: Spot propylene, CIF NWE, FD NWE, deep sea import
Closing Grain and Livestock Futures Mar. corn closed at $4.25, up 1 cent Mar. soybeans closed at $12.80 and 1/2, down 36 cents Mar. soybean meal closed at $416.50, down $18.00 Mar. soybean oil closed at 38.10, up 36 points Mar. ...
Tags: Soybean, Joplin Regional Stockyards, Iowa/Minnesota, cattle trade
The US acrylonitrile domestic assessment rose to a nine-month high at $1.01/lb ($2,226.64/mt) delivered Tuesday, a rise of 4 cents/lb week on week, on higher feedstock chemical-grade propylene. The last time the domestic assessment was at ...
Tags: Acrylonitrile, Chemicals
The January US benzene contract price rose to a settlement of $4.84/gal ($1,448.62/mt), sources said Thursday. The settlement is up 36 cents and 37 cents from December's split settlement of $4.48/gal and $4.49/gal. Market participants ...
Tags: Benzene CP, Chemicals