The International Air Transport Association (IATA) released January performance data showing a strong rise in air freight growth compared to a year ago. Global freight tonne kilometres (FTK) rose 4.5% in January compared to January 2013. ...
Tags: Air Freight, Service, Logistics
Coal shipments to South Korea from Port Waratah Coal Services' terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday. The drop comes after Port Waratah's terminals ...
Tags: Coal Imports, Newcastle Port, Coal shipments
The transaction prices of L8 and L10 steelmaking pig iron in northern China's Hebei province stood at Yuan 2,460-2,510 ($400-408) /mt on March 3, down 1.6% from Yuan 2,500-2,550/mt on January 28, with the widely expected post-holiday ...
Tags: Pig Iron, Steel Market
The FOB Singapore 380 CST high sulfur fuel oil cash differential slipped into a discount Monday due to excess supply. The cash differential for the higher viscosity grade fuel oil fell to a discount of 26 cents/mt Monday, down from ...
Tags: high sulfur fuel, HSFO market
On a typical evening in the suburbs of Ho Chi Minh City, the neon-lit Aeon Mall Tan Phu Celadon bustles with shoppers arriving on motorcycles and in taxis. Crowds fill every corner of the new mall, with a takeout sushi store in particular ...
Tags: Consumer Market, Electronics
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
LPG prices in South China surged Yuan 300-600/mt ($49-98/mt) this week as supply fell and demand increased, domestic traders said Friday. Imported LPG, with a propane and butane ratio of 80:20, was heard traded in the range of Yuan ...
Tags: LPG prices, propane
Market sentiment toward gold appears to be moving from outright bearish to "neutral/slightly positive" according to UBS Strategist Edel Tully in a note published late Wednesday. Tully raised her one-month forecast by $40 to $1,280/oz. ...
Tags: Market sentiment, Mineral
The Chinese export spot price of 75%-Si ferrosilicon was assessed at $1,410-1,440/mt FOB Thursday, compared with $1,410-1,450/mt a week ago, on slow domestic and export demand. This week, an Inner Mongolia-based producer sold around 300 ...
Tags: Ferrosilicon, Mineral
China reported robust exports for January, but assessing the nation’s true economic strength is no easy task. The Lunar New Year holidays that began at the end of January apparently created an export surgeA transient variation in the ...
Tags: Export Data, economic strength
A combination of weak demand and expectations of lower import prices had weighed down on LPG spot prices in southern and eastern China over the week, domestic traders said Wednesday. Spot prices of imported LPG truck cargoes, including ...
Tags: LPG Prices, Import Prices
Stronger-than-expected growth in China's foreign trade last month has surprised the market and prompted many analysts to look for further hints of underlying economic strength. China's foreign trade volume climbed 10.3 percent year on ...
Tags: China's Trade, trade surplus
After a continuous decline in 2013, sales of luxury goods have shown no signs of rebounding in China in the beginning of 2014, after a tightened campaign against corruption, the Beijing Morning Post reported on Feb. 12. Many luxury brands ...
Tags: Luxury Goods, Handbags, Jewels
As the plane carrying your correspondent from Hong Kong to Singapore started its descent to the Changi airport, the world's fifth busiest, it started flying circles. Shortly afterwards, the captain explained that multiple aircrafts were on ...
Tags: Consumer Electronics, Electronics
Coal inventories at China's four main northern ports continued to increase as demand from downstream buyers weakened due to the Chinese Lunar New Year holiday, industry sources said. Coal stockpiles held at Qinhuangdao Port in Hebei ...
Tags: Coal, Metallurgy, Mineral, Energy