Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...
Tags: Metal, Copper, Metallurgy
Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Jinling Huntsman will use the gases ...
LPG prices were mixed in East China this week, rising in Jiangsu province and falling in both Shanghai and Zhejiang province, trade sources in the regions said Friday. Propane-rich imported LPG was heard traded at Yuan 5,900-6,000/mt ...
Tags: LPG Prices, Refinery, LPG
Axalta Coating Systems will expand its powder production facility in China. New capacity will be added at the Qingpu manufacturing center of Axalta's powder coatings partner Huajia Chemical Co. Ltd. and will double production to meet the ...
Tags: Construction, Decoration, coating
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
DTE Electric, Michigan's largest power utility with more than 2.1 million customers, plans to retire a third of its coal-fired generation, more than 2,000 MW, by 2025, and rely more on natural gas and renewables, mostly wind, the company ...
Tags: natural gas, renewables
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
The Asian price spread between styrene monomer and its main feedstock benzene widened by $7.50/mt to $250/mt early Thursday afternoon following an SM plant outage in Europe, but high stocks in China were expected to limit the widening of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...
China Petroleum and Chemical Corp, or Sinopec, has raised its ex-works butadiene price in East China by Yuan 100/mt to Yuan 8,800/mt Friday, traders said. The latest price is equivalent to $1,182/mt on an import parity basis. But the ...
Tags: Sinopec, downstream markets
With the US styrene monomer price hitting a six-month low this week, the arbitrage to send cargoes from the US Gulf to Far East Asia has opened, traders said Friday. Offers for cargoes loading in June in the US and arriving in Northeast ...
Miner Rio Tinto is to change the basis for the iron ore lump premium in its quarterly iron ore term contracts with Chinese mills to one based on a monthly average of weekly Platts spot lump assessments, from a fixed premium level set on a ...
Dongfeng King-land flagship truck is still the most attractive truck in 2014 Auto China recently held in Beijing. And the truck is popular for its high specifications, strong power and great comfortable riding and driving experiences. And ...
Tags: Transportation, Dongfeng, Truck
State-owned China Petroleum and Chemical Corp, or Sinopec, has hiked its ex-works price for benzene in East China by Yuan 100/mt ($16.23/mt), or 1.16%, to Yuan 8,700/mt effective Thursday, an industry source said Friday. The company could ...
Tags: Sinopec, China Petroleum
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...