Samsung Display will terminate its contract to supply LCD panels for Apple due to financial pressures caused by Apple's tight supply chain management, according to a news report published in The Korea Times on Monday. Samsung can't ...
Tags: Samsung Display, contract, LCD panels, Apple, financial pressures
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
US spot mixed xylenes rose 5 cents/gal ($15.15/mt) Monday to a near three-month high at $4.80/gal ($1,469.55/mt) FOB US Gulf Coast on continued tight supply, sources said. Bids were heard at $4.65/gal FOB US Gulf, against a prompt offer ...
The Asian isomer-mixed xylenes market reacted cautiously Wednesday following record highs seen in the US MX market overnight, with Asian prices moving up just 0.07% in early trading. The Asian isomer-MX market was pegged at $1,437/mt CFR ...
Tags: mixed xylene, xylene, isomer mixed, PX plant
M-Xylene market went up in Korea, due to strong demand from the downstream market in the week ending December 8. In the early days of the week, prices were assessed at US$ 1230/ton higher by US$ 15/ton, as compared to the previous week. ...
Tags: downstream market, prices, Tandem
Some South Korean styrene monomer producers have settled 2013 term supply contracts with their customers at a premium of $8-9/mt to Platts FOB Korea SM assessments, an increase of $2-3/mt from a premium of $6/mt for 2012 term contracts, ...
Tags: styrene monomer producers, spot prices, market sources
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
A supplier can invoke a force majeure clause if unforeseen circumstances impact on its ability to deliver against a contract. Force majeure is a legal term. The Oxford Dictionary definition describes the term as the ...
Tags: circumstances impact, Plastics Trade Body, packaging, packaging industry
In the previous week ending on October 27, methanol prices surged up in Europe and were assessed in the range of US$ 325-335/ton (FOB Rotterdam), which represents a w-o-w increase of around 3%. There were tight supply conditions in the ...
Tags: methanol, methanol price, WOW, chemicals
Asian benzene prices were spotted higher last week, rising mainly because of higher upstream product prices. The price rise was also supported by tight supply conditions in the region coupled with a rise witnessed in the US and European ...
Tags: benzene prices, product prices, tight supply conditions, European markets
Furniture Insights Monthly Results New Furniture Orders As we expected in last month's issue of Furniture Insights, new orders in May improved significantly over April orders according to our recent survey of residential furniture ...
Tags: furniture
Columnist Amine Bouchentouf is a partner at Parador Capital LLC, an institutional advisory firm focused on commodities and emerging markets. He is the author of the bestselling Commodities For Dummies, published by Wiley. Amine is also the ...
Tags: Market View, copper, bronze, raw material
Tightness in raw material supplies has sent North American prices for PET bottle resin up by an average of 4 cent per pound since Sept. 1. Paraxylene feedstock, in particular, has been in tight supply, according to buyers contacted recently ...
Tags: PET bottle resin
Statistics from the Rubber Trade Association of Japan show that the country's stock of natural rubber hit 8,623 tons as of August 20, an increase of 34% from 10 days ago when 6,458 tons of natural rubber was in stock. This stock volume was ...
Tags: natural rubber
International Paint Ltd. Is set to initiate product price rises in response to spiraling global raw material costs. "During 2010 the cost of raw materials critical to the manufacture of both our marine and protective coatings product ranges ...