June average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market decreased 7.8% on month to CNY34.50 (US$5.50), while 9W ones (equivalent to 60W incandescent models) saw their average price increase ...
Turkey-based steel producer MMK Metalurji, a subsidiary of Russian steel giant Magnitogorsk Iron and Steel Works (MMK), has announced that hot dip galvanized steel sheet sales to the Turkish domestic market increased by 66 percent, while ...
Tags: Steel Sheet, Coated Steel
China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...
China Petroleum and Chemical Corp, or Sinopec, has raised its ex-works butadiene price in East China by Yuan 100/mt to Yuan 8,800/mt Friday, traders said. The latest price is equivalent to $1,182/mt on an import parity basis. But the ...
Tags: Sinopec, downstream markets
US petrochemical producer Axiall will increase its US liquid caustic soda prices by $60/dry st effective July 1, it said in a notice to customers Wednesday. In addition, the company is raising its caustic soda prices in Canada by ...
Tags: caustic soda, liquid caustic soda
The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...
Tags: Steel Sheet, top-tier mill
BASF increases prices in Europe, Africa and Western Asia for HDI (Hexamethylene Di-Isocyanate) and derivatives range (Basonat™) by 3 to 5 percent with immediate effect or as contracts allow. The price increase is necessary due to the ...
Tags: Basonat, raw materials
European polypropylene and polyethylene producers are targeting a May contract price increase because of low stock availability and seasonal demand, sources said. PE producers were aiming for increases of Eur20-60/mt ($28-83/mt) and PP ...
Tags: Polyolefin, PE, ethylene CP
Sasol Chemicals North America will increase off-list prices for methyl ethyl ketone effective May 4, the company said Monday. The company will increase prices for MEK 5 cents/lb, the company said in a notice to customers. Sasol will ...
Tags: Sasol, Methyl Ethyl Ketone
On-going supply difficulties continue to support US steel sheet pricing, though market sources were divided Monday as to whether a peak had been reached. One large-volume hot-rolled service center buyer said there's "nothing out there" ...
Tags: Steel Sheet, automobile
Beginning May 19, Max Windsor Floors will implement a 4% to 9% price increase on all engineered wood floors. According to Peter Spirer, CEO, the increase is attributable to rising lumber costs, the strengthening of Chinese currency and ...
Tags: Construction, wood floors, floor
Effective June 9, Armstrong will initiate a 4-10% price increase in the United States and Canada on select solid and engineered hardwood products to address the continued increases in raw materials costs. "As with prior price increase ...
Tags: Construction, Decoration
In March, continental buyers of recycled containerboard made some unexpected headway in offsetting €10/tonne of the €20/tonne increase that took effect last Autumn. That increase was so small that there was virtually no attempt to ...
Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
In a move that did not entirely come as a surprise, India's Election Commission earlier this week asked the incumbent government to defer a hike in the wellhead price of natural gas that was due to be implemented on April 1. But analysts ...
Tags: Natural Gas, gas pricing, OIL's production