Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...
Tags: Thermal coal, Domestic Cargoes
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
Spot prices of South African 42-44% chrome ore, known as UG2 (upper group 2), have risen by 10-20% from March as platinum mine strike continues, producer and trade sources said Friday. UG2, a byproduct of platinum, was heard trading at ...
Tags: Chrome Ore, platinum byproduct
Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices
The Asia to Europe arbitrage window for methanol will remain shut in the third quarter of 2014 on expectations of higher export volumes from the Middle East and stronger Chinese demand that would soak up Asian supplies, sources said late ...
Tags: Methanol, natural gas
Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
Spot prices of 75%-Si ferrosilicon in Asia this week remained supported by tighter supply and improved demand among some exporters in China. Platts assessed the Chinese spot price at $1,330-1,370/mt FOB China Thursday, slightly higher ...
Tags: ferrosilicon, ferrosilicon prices
The Asian seaborne cargo market for 5,500 kcal/kg NAR imported thermal coal was weaker Monday, with bids slipping to about $70/mt CFR South China amid talk Chinese coal producer Shenhua was on the verge of cutting prices. Buying interest ...
Tags: Shenhua Price, CFR China
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
Monsoon rains limited Indian buying of Indonesian thermal coal, while lending restrictions muted demand from China, market sources said on Friday. An Indian end user said buyers had refrained from purchasing imported cargoes because of ...
Tags: Thermal Coal, Limited Demand
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
The Asian price spread between styrene monomer and its main feedstock benzene widened by $7.50/mt to $250/mt early Thursday afternoon following an SM plant outage in Europe, but high stocks in China were expected to limit the widening of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Prices for seaborne iron ore strengthened further Wednesday, tracking stronger restocking needs by buyers eager to procure raw materials when the market is recovering. Platts assessed the 62% Fe IODEX at $95/dry mt CFR North China, up ...
Tags: Iron Ore, steel square
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis have fallen amid thin trade after news Qingdao port had halted shipments of aluminum and copper amid a probe into loan irregularities ...
Tags: import premiums, Copper futures