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 ...
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
An initial Northwest European paraxylene contract price for April has settled at Eur925/mt FD NWE ($1,277.62/mt), market sources said Tuesday. The initial April settlement represents an increase of Eur25/mt from March, with the March ...
Tags: paraxylene, European market, PX market
The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
The prompt inter-month timespread for the FOB Singapore 92 RON swaps rose to an eight-month high last week, reflecting firming demand amid a tightening physical spot market ahead of the Asian refinery turnaround season. The May/June time ...
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday lowered 39.49 cents, or 19.5%, to a three-week low of $1.6313/gal, a review of US Department of Agriculture and Platts data showed. ...
Rotterdam diesel barge daily trading volumes have risen to their highest level since October due to planned maintenance at refineries and low physical stocks in Amsterdam-Rotterdam-Antwerp, traders said Friday. A total of 240,000 mt has ...
Tags: Diesel, distillate products, jet fuel
MEGlobal on Thursday nominated its May Asia Contract Price for monoethylene glycol at $1,100/mt CFR main port, unchanged from April, according to a notice to buyers provided by the company. The price reflected "the short-term ...
Tags: MEGlobal, MEG prices
An expected surplus of gasoil in Asia from greenfield and upgraded refineries might flow into the marine fuel market in late 2014 or early 2015, trade sources said Wednesday. Asia's maritime industry is looking to the possible supply as ...
Tags: Gasoil, Fuel Market, greenfield
The North Sea spot butane market has been inactive due to a combination of thin demand and limited availability, according to industry sources. North Sea butane is used in Northwest Europe either by the gasoline related sector in the ...
Tags: Butane Market, butane, mixed butane
US March ethylene contract negotiations are still ongoing as US PVC producers are holding out for larger decreases, market sources said Tuesday. "A number of buyers have settled at a 4-cent/lb decrease, however there are at least two PVC ...
Tags: Ethylene, PVC Producers
Singapore 380 CST high sulfur bunker fuel prices dipped to a 21-month low of $586/mt Wednesday, on the back of weak demand and bearish crude. The outright price was last lower June 29, 2012, when it was $578.50, Platts data showed. ...
Tags: fuel, Metallurgy, Mineral, Energy
The premium on LNG cargoes delivered into the Asia Pacific market compared with Southwest Europe is down 63 cents/MMBtu, or roughly 19%, since early January on steady demand in the Atlantic Basin from South American buyers. Recent buy ...
Gas prices on the European prompt markets fell sharply Wednesday, extending the previous day's steep losses, on reduced demand and increased Norwegian flows. The day-ahead gas contract in the Netherlands TTF hub traded below Tuesday's ...
Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude