European fuel-grade ethanol prices have become less vulnerable to near-term declines as future prices are now high enough to encourage sellers to hold on to stock rather than selling it promptly, according to trading sources. Wholesale ...
The May US mixed xylene contract price settled down 4 cents to $3.50/gal ($1,060.50/mt), industry sources said Tuesday. A lower settlement was anticipated by market participants due to quiet demand in downstream markets and from the Asian ...
The US methanol spot assessment reached its lowest level in more than 14 months Monday, assessed at $1.30/gal ($432.90/mt) FOB US Gulf as buying interest was thin due to well-stocked inventories, sources said. Monday's assessment was down ...
Tags: Methanol, FOB US Gulf
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
A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
Mechel, one of the leading Russian mining and metals companies, has announced the temporary halting of mining at Mechel Bluestone in West Virginia, US, which is part of the company's mining division. Due to unfavorable market conditions, ...
Tags: Mechel, Coking Coal Mine
Spot trade of 226, the main aluminum alloy grade, was slow this week, with consumers wary of higher prices, and partly because of the shorter working week. A number of producers have pushed offers of 226 ingot up to around Eur1,700/mt ...
Tags: Aluminum Alloy, spot market
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
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
US methanol distributor Southern Chemical cut its domestic May methanol contract by 10 cents to $1.70/gal FOB US Gulf, the company said Thursday in a letter to customers. The decrease follows an 11-cent drop, to $1.80/gal FOB US Gulf, in ...
Tags: Methanol, Southern Chemical
Vivergo, the UK's largest ethanol producer by capacity, said Wednesday that profitability at its 420,000 cubic meter/year (111 million gallon/year) plant at Hull in northeast England has been "adversely affected" by the lowest spot prices ...
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
The rail-delivered (CSX) Central Appalachian thermal coal spot price followed the European market lower Friday, while the Cal 2015 swap was seen trading in large volume after the 2:30 pm EDT Market-on-Close. CSX physical May closed lower ...
Tags: Coal, Spot Price, European market
The Northwest European styrene monomer/benzene spread rallied to a month-high Tuesday of $203/mt on stronger styrene, rebounding from a one-year low of $148/mt established April 4 but still representing deeply negative production margins, ...
Tags: Styrene, spot product
The FOB US Gulf methanol spot assessment fell to a seven-month low of $1.42/gal ($472.86/mt) Monday as imports reached US shores and spot buyers were difficult to find in the US market, sources said. Monday's assessment was down 5.5 ...
Tags: Methanol Price, US prices