The spread between US Gulf and Atlantic Coast heating oil narrowed Monday to its lowest level in well over a year as USAC demand for traditional heating oil -- with less that 2,000 ppm sulfur -- continues to decline. On July 1, four ...
Tags: Heating Oil, sulfur
The CIF Northwest Europe naphtha cargo physical premium over the balance-month and the front-month swaps fell Tuesday to respectively $2.25/mt and $13.75/mt, their lowest level in April, according to Platts data. On April 2, the physical ...
US April propylene contract prices settled 1 cent/lb ($22/mt) lower than March's contract prices, sources said Tuesday. The decrease puts the April chemical-grade propylene contract price at 69.50 cents/lb ($1,532/mt) and the ...
Tags: Propylene, chemical-grade
An initial Northwest European paraxylene contract price for April has settled at Eur925/mt FD NWE ($1,277.62/mt), market sources said Tuesday. The initial April settlement represents an increase of Eur25/mt from March, with the March ...
Tags: paraxylene, European market, PX market
Most US ethanol prices slid Tuesday to their lowest levels in more than four weeks as stalling buying interest combined with firming supplies, sources said. The Chicago Argo ethanol assessment fell 11.5 cents to $2.6145/gallon, the lowest ...
Tags: Ethanol, ethanol stocks
The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...
Tags: natural gas, analyst, Coal
Indonesia's Ministry of Energy and Mineral Resources has set its April thermal coal reference price, also known as Harga Batubara Acuan, at $74.81/mt FOB, the lowest since December 2009 and down 2.86% from March 2014. The April 2014 HBA ...
Tags: Thermal Coal, coal
Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude
The purchasing managers' index (PMI) for China's non-manufacturing sector dropped 0.5 percentage points in March from a month earlier to 54.5 percent, data showed on Thursday. The index tracks activity in a number of sectors, including ...
Tags: China's PMI, Non-Manufacturing PMI
In March this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 44.2 percent, up by 4.3 percentage points as compared to February, indicating the first rise after three consecutive month-on-month declines, as ...
Tags: Steel Sector, raw material
The CFR China phthalic anhydride market has plunged to a three-year low amid weakness in China's real estate market, dragging South East Asian PA prices down with it, market sources said this week. PA is used to make dyes and is also a ...
Tags: Phthalic Anhydride, real estate, DOP
US polypropylene contracts could see a stable-to-down settlement for April, then rebound as early as May, market sources said Monday. A nomination for polymer-grade propylene contracts calling for a rollover of March pricing was giving PP ...
Tags: polypropylene, polymer-grade propylene, PGP
Central Appalachian thermal coal prices for April delivery fell to fresh near-term lows on Friday, as both the CAPP rail (CSX) and CAPP barge spot contracts were seen trading in the session. CSX physical April fell 25 cents/st to ...
Tags: thermal coal, over-the-counter market, spot coal prices
With US refineries expanding their capacity to process more domestic light oil in the coming years, the US Energy Information Administration on Tuesday said it expects refinery crude inputs to reach 15.52 million b/d this year and 15.61 ...
Tags: US Refinery, Domestic Production, light oil
Cold winter conditions have hampered well-completion activity in the US, prompting the Energy Information Administration to revise downward its projections of US crude output for this year. The EIA, in its March Short-Term Energy Outlook, ...