Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
China's crude stocks continued to grow for the fifth straight month in October, despite a month-on-month drop in net imports, output and slight rise in throughput, Platts calculations based on recently released official data showed. Crude ...
Tags: crude stock, crude oil
US ethanol imports in September jumped to 168.31 million liters (44.4 million gallons), up 41% from August and double the volumes in the year-ago month, US Census Bureau data showed. The data includes all ethanol types except for beverage ...
Tags: ethanol, ethanol imports
Six consecutive days of nonstop rain in Brazil's Santos port has hampered vessels' loading operations and is likely to reduce the pace of discharge in the terminals, according to Kingsman, an agricultural analysis unit of Platts. Since ...
Tags: santos, sugar terminals
Colombia's ethanol production in September totaled 41.86 million liters (11.05 million gallons), up 2.5% from August and the highest monthly total on record, Colombian National Federation of Biofuels data shows. August's ethanol ...
Tags: Ethanol, Biofuels, distilleries
Sugarcane crush volumes in the key Center-South region of Brazil in the second half of October are expected to total 37.91 million mt, according to a Platts survey of analysts. The consensus estimate accounts for an average of three days ...
Brazil exported 46.9 million liters of ethanol to Europe in October, the most it had exported to the region on a monthly basis since October 2010, data from the Secretariat of Foreign Trade (SECEX) showed Monday. Of that total, 33.6 ...
Platts assessed spot premiums for aluminum imports into Japan at $85-$90/mt plus London Metal Exchange cash CIF Japan Monday, flat since October 27, amid talks of offers available at $80/mt heard in the market. Two Asian traders said they ...
Tags: aluminum, aluminum imports
Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
US benzene and toluene markets rose to two-month highs Tuesday to $2.35/gal ($703/mt) FOB US Gulf Coast and $2.25/gal ($684/mt) FOB USG, respectively. Sources attributed gains in both markets to stronger energy as NYMEX December crude ...
US ethylene contacts for October settled 0.25 cent/lb lower, with the month's net transaction price at 28.25 cents/lb, market sources said Wednesday. The decrease puts contract prices at their lowest level since the 27.75 cents/lb seen in ...
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Nasdaq Commodities, the Oslo-based operator of the Nordic power derivatives market, said Tuesday that the positive momentum for its German power offering continued with a new monthly record in October. Total traded and cleared volumes for ...
NYMEX December natural gas futures settled 10.2 cents higher at $2.364/MMBtu Thursday on the back of a bullish storage report. The US Energy Information Administration announced a 52-Bcf storage injection for the week ended October 30, ...
Tags: NYMEX, Natural Gas
Line space on Colonial Pipeline's distillate Line 2 on Wednesday fell back to the lowest point seen this year on a tighter US Gulf Coast/Atlantic Coast spread for ultra low sulfur diesel. Platts assessed line space on the 1.16 million b/d ...