A fall in the value of China's currency against the dollar has increased the losses incurred by the country's copper importers in May, Chinese industry sources said Thursday. The US dollar was trading at Yuan 6.26 Thursday, compared with ...
Tags: Copper Importers, metals
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 ...
Russia's Rusal produced 883,000 mt of aluminum in the first quarter of 2014, down 12.3% year on year, mainly due to output cuts and mothballed production at certain smelters in Europe and the Urals, the company said Tuesday. Value added ...
Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
The global consumer packaging company's?financial position remains unchanged from that at 31 December 2013. In Western Europe Rexam's volumes in standard and specialty cans had a quiet start to the year, according to the statement.? In ...
Tags: Packaging, cans Packaging
Pacific Ethanol this year will continue to increasing its focus on diversifying feedstock, among its other initiatives, CEO Neil Koehler said Thursday. "Growing initiatives on advanced biofuels, corn oil, expansion of market, which can ...
The price of gold weakened on Monday after data showed a crimping of demand from top importer China. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery fell through the psychologically important ...
Tags: Gold Price, Housing Market
An explosion Wednesday at Williams' 1.5-Bcf/d Opal Processing Plant in Wyoming was continuing to significantly cut into Rockies flows Thursday and helped lift Western spot gas and forwards prices. Prior to the incident, Opal plant ...
Tags: Forward Gas, Wyoming Pool
Reed Huabo's China Gifts and Home Fair is the largest trade show of its kind in Mainland China. Held in Shenzhen during the best buying seasons in April and October every year, the fair offers the widest selection of business ...
Tags: Footprints
Ukraine-focused iron ore miner Ferrexpo said Thursday it saw a 10.8% gain in pellet sales to 2.84 million mt over the first quarter compared with a year ago due to strong demand indicated by higher premiums charged to customers. The ...
Tags: Iron Ore, Ferrexpo, key markets
The CIF Northwest Europe naphtha cargo physical premium over the balance-month and the front-month swaps fell Tuesday to respectively $2.25/mt and $13.75/mt, their lowest level in April, according to Platts data. On April 2, the physical ...
Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot
Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market
To coincide with changes to the Privacy Act that commenced recently, Transport Certification Australia (TCA) has emphasised the need to uphold strict privacy safeguards in order to progress the wider use of telematics and C-ITS ...
Pork producers are being encouraged to consider taking advantage of the current strong hog market by locking in prices on the futures market for a portion of their production. As the result of fears over the potential impact of Porcine ...
Tags: Pork producers, current strong hog market, hog supplies