General Motors (GM) has recalled 511,528 units of the Chevrolet Camaro vehicles in North America over a defect with the key ignition and driver's seating position. According to the company, the driver's knee may potentially bump the key ...
Tags: General Motors, Chevrolet Camaro
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
Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
European styrene production margins, which appeared to be rising after an explosion June 3 during maintenance at Shell-BASF's Ellba joint venture in Moerdijk, the Netherlands, are falling again, Platts data shows. Styrene's premium over ...
Tags: Styrene, styrene production
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
European refining margins have recovered from their lows of last month, driven by a pick-up in products markets, especially jet fuel and gasoline, following run cuts throughout the region, according to traders. "Demand for products ...
Tags: Gasoline, pick-up in products, jet fuel
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
US spot mixed xylene was assessed at $3.96/gallon ($1,199.88/mt) FOB US Gulf Coast for June, a near-seven-month high, as buyers sought to buy product in a tightly supplied market, sources said. US mixed xylene pricing was last seen above ...
Tags: mixed xylene, xylene prices
The Asia to Europe arbitrage window for methanol will remain shut in the third quarter of 2014 on expectations of higher export volumes from the Middle East and stronger Chinese demand that would soak up Asian supplies, sources said late ...
Tags: Methanol, natural gas
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works butadiene price across the country by Yuan 200/mt to Yuan 9,100/mt, sources close to the company said Thursday. On an import parity basis, the new price is calculated at ...
Spot prices of 75%-Si ferrosilicon in Asia this week remained supported by tighter supply and improved demand among some exporters in China. Platts assessed the Chinese spot price at $1,330-1,370/mt FOB China Thursday, slightly higher ...
Tags: ferrosilicon, ferrosilicon prices
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
Citgo Petroleum Corp. will raise xylene and toluene truck and rail pricing by 4 cents effective June 18, according to a letter the company sent Wednesday to customers that Platts obtained Thursday. "This price adjustment is due to limited ...