The over-the-counter price for 8,800 Btu/lb Powder River Basin coal dipped again Monday, as rail issues overhang the Western market. Mines in BNSF Railway's service area, in the northern reach of the basin, are having trouble guaranteeing ...
Tags: physical market, Western market
The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
DTE Electric, Michigan's largest power utility with more than 2.1 million customers, plans to retire a third of its coal-fired generation, more than 2,000 MW, by 2025, and rely more on natural gas and renewables, mostly wind, the company ...
Tags: natural gas, renewables
The market structure for FOB Korea toluene flipped into a backwardation Wednesday, supported by tight supply of prompt-delivery cargoes and keen buying interest, said market sources. Platts assessed the FOB Korea toluene marker at ...
Tags: Toluene, paraxylene plants
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
The outlook for pig iron exports from the Commonwealth of Independent States has been hurt by continued weakness in iron ore pricing, bearish scrap sentiment and Ramadan-related slowdown in Turkish demand, local sources said Friday. ...
Tags: Pig Iron, Ramadan-related slowdown
For those who procure contract and educational furniture for offices, hotels, hospitals, care homes and schools, a free online resource can help ensure a smooth project delivery, save time and money. Launched this week, National Furniture ...
Tags: Furniture Procurement, Furniture
Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...
Tags: spot styrene, specific material
Large Chinese thermal coal miners were dropping their selling prices for domestic 5,500 kcal/kg NAR coal, depressing demand for imported material, sources said Friday. An Indonesia-based trader said that Shenhua had cut its price for ...
Tags: Thermal Coal, power plants
The city-owned utility in Owensboro, Kentucky, received about 10 bids in response to a recent request for proposals to buy 250,000-500,000 st of high-sulfur coal for 2015 and 500,000-750,000 st in 2016-2019, a utility official said Monday. ...
Global aluminum producer Alcoa has offered third-quarter term shipments at a $408/mt premium to London Metal Exchange cash, CIF Japan, Japanese buyers said Thursday. The premium is for primary aluminum ingot to be shipped to Japanese main ...
Tags: aluminum, Japanese market
Turkish petrochemical producer Petkim Thursday increased the prices of polyolefins by $15-20/mt, sources said. Petkim was not immediately available to confirm. New list prices for low density polyethylene, high density PE injection ...
Tags: Polyolefins, petrochemical producer, Petkim
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral