Northwest European styrene monomer prices fell $91.50/mt or 5.5% from the start of May to close Thursday at a one-year low of $1,553.50/mt FOB ARA, Platts data showed. The last time it was lower was April 23, 2013 at $1,544.50/mt FOB ARA. ...
Tags: Styrene, polystyrene
PVC market prices across Asia are expected to rise as of June offers on reduced market supply from Taiwan, Japan and India, market sources at the Asia Petrochemical Industry Conference in Pattaya said Thursday. Market participants said ...
Tags: PVC Prices, VCM Shortages
The Platts LNG Japan Korea Marker for July, the newly assessed front month, began trading at $13.625/MMBtu on Friday. The marker for June fell 32.5 cents from last Friday to close at $13.625/MMBtu on Thursday amid ample supply and weak ...
Tags: LNG, Weak Demand
Nearly 3 million barrels of Abu Dhabi's Murban crude is expected to move into the Mediterranean in June, according to traders, as weaker demand in Asia and expectations of a bullish summer in the Mediterranean Urals market have attracted ...
Tags: Asian Demand, Murban crude
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets
The US steel coil market remained tight Monday as lead times are now stretching into June and July and mill discipline continues to be iron-clad, market sources said. "They're a little flexible on volume, but it really depends on who ...
Tags: Steel Sheet, steel coil
Steel mills finalized their May scrap procurements in Ohio -- the last major US region to settle and the highest-priced -- late Thursday and into Friday, sources said. A majority of sales were concluded on a delivered mill basis at ...
Tags: Steel Mills, Ohio market
The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...
Tags: Paraxylene, Benzene
The balance-month Med/NWE gasoline spread swap -- the differential between the balance-month Mediterranean cargoes swap and the equivalent Eurobob gasoline barge swap -- narrowed Wednesday, due to a weaker Northwest paper European market, ...
Tags: Gasoline, NWE paper market
Despite shutdown of nuclear power plants, Japan is not expected to raise its thermal coal imports significantly over the next five-seven years, as existing coal-fired power plants are running at high rates and new facilities are still on ...
Tags: Thermal Coal, nuclear power plants
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
Malaysian biodiesel producer, AJ Oleo Industries, has restarted its 100,000 mt/year plant at Segamat in Johor state, CEO Kasim Nani said Monday. Recommissioned early last month, the plant will supply 3,000-4,000 mt/month of palm methyl ...
Rates and sentiment on the iron ore freight market got a boost Friday after Bocimar International NV was heard taking at least six ships in the Atlantic over the May Day holiday in Asia, putting an end to the downward spiral in Capesize ...
Tags: Iron Ore, freight market
The prospect of Beijing banning imports of low-calorific value thermal coal again loomed over the Chinese seaborne market as the policy was rumoured to form the centerpiece of a tough new environmental law enacted by China's parliament, ...
Tags: Thermal Coal, lignite
The April US contract price for acetone settled 1.25 cents ($27.56/mt) lower at 67.25 cents/lb ($1,482.59/mt), sources said Monday. Market participants expected the contract to decrease, but anticipated a 2-3 cents decline because of slow ...
Tags: spot acetone, acetone