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 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
Nigerian light sweet crude Akpo has seen its values fall sharply amid weaker demand because of a drop in refining margins, trading sources said Thursday. About a month ago at the start of the trading cycle of the Nigerian June loading ...
Miner Rio Tinto is to change the basis for the iron ore lump premium in its quarterly iron ore term contracts with Chinese mills to one based on a monthly average of weekly Platts spot lump assessments, from a fixed premium level set on a ...
Europe is likely to remain a net importer of caustic soda as capacity is threatened by the EU's 2017 deadline to make the costly switch to greener technology, Michael Trager, CEO of German PVC producer Vestolit, said this week. "In the ...
Tags: Caustic Soda, chlorine
Indonesian thermal coal prices were steady Friday amid reduced production and weak demand from China and India, sources said. "Demand has been flat. There has been no real movement," an Indonesia-based trader said. A Singapore-based ...
Tags: Thermal Coal, Flat Demand
The Platts LNG Japan Korea Marker for July, the newly assessed front month, began trading at $13.625/MMBtu on Friday. The marker for June fell 32.5 cents from last Friday to close at $13.625/MMBtu on Thursday amid ample supply and weak ...
Tags: LNG, Weak Demand
German PVC producer Vestolit expects European polyvinyl chloride (PVC) demand to grow at a pace of 2-3% a year, following years of contraction, amid a revival in the construction sector, company CEO Michael Trager said Monday. Over 60% of ...
Tags: PVC Demand, economic crisis
Prices for large cargoes of butane in Northwest Europe fell Tuesday to the lowest level in a year on low demand and ample supplies. Platts assessed the price of a 4,000 mt CIF refrigerated cargo of mixed butane loading 10-25 days forward ...
Tags: Butane, mixed butane
South Korea's state-owned Korea Gas Corp imported 12.61 million mt of LNG in the first quarter, up 0.5% from 12.55 million mt a year earlier, the company said in a statement Wednesday. All of the volumes were imported under long-term ...
Tags: LNG Imports, LNG
The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...
Tags: Paraxylene, Benzene
China's Jiuquan Iron & Steel has cut its high carbon ferrochrome purchase price by Yuan 100/mt ($16/mt) on the month to Yuan 6,500/mt (80 cents/lb), including 17% VAT, for May deliveries, industry sources said Monday. The drop was larger ...
Tags: Jiuquan Steel, Ferrochrome
Ukraine has closed its anti-dumping investigation into imports of suspension PVC from the US without imposing any duties, the interagency commission for international trade said in a report published by the government's official Uriadoviy ...
Tags: Anti-Dumping, PVC, Imposing Duties
The April US contract price for acetone settled 1.25 cents ($27.56/mt) lower at 67.25 cents/lb ($1,482.59/mt), sources said Monday. Market participants expected the contract to decrease, but anticipated a 2-3 cents decline because of slow ...
Tags: spot acetone, acetone
South Korea's third-largest refiner, S-Oil, sold a combined 639,000 b/d of oil products, petrochemicals and lube in the first quarter of this year, up 1.4% from 630,000 b/d a year ago, the company said in a statement Thursday. Sales in Q1 ...
Tags: Oil Products, Petrochemicals