Coal shipments to South Korea from Port Waratah Coal Services' terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday. The drop comes after Port Waratah's terminals ...
Tags: Coal Imports, Newcastle Port, Coal shipments
The European MTBE factor reached its highest level in eleven months Tuesday supported by ongoing demand for exports, according to market sources. The factor was calculated at 1.204, with MTBE FOB ARA at $1,147/mt versus Ebob gasoline at ...
Tags: MTBE Exports, Chemicals
Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
The FOB Singapore 380 CST high sulfur fuel oil cash differential slipped into a discount Monday due to excess supply. The cash differential for the higher viscosity grade fuel oil fell to a discount of 26 cents/mt Monday, down from ...
Tags: high sulfur fuel, HSFO market
US ethylene contracts for February were heard settling 0.75 cent below January mark, lowering the net transaction to 49.5 cents/lb ($1,091/mt), sources said Tuesday. The posted price for February would also settle .75 cent lower at 54 ...
Tags: Ethylene, purity ethane
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday rose 16.51 cents, or 23.63%, to a seven-week high of $0.8640/gal, a review of US Department of Agriculture and Platts data showed. ...
Tags: Ethanol, estimated production
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
Fuel ethanol traders have swamped the freight market with inquiries for westbound transatlantic rates as multi-year low prices in Rotterdam have prompted interest in exports to Brazil, where stocks could fall to razor-thin levels before the ...
Tags: Ethanol Exports, Chemicals
Vivergo Fuels, the biggest UK ethanol producer by capacity, said Monday it has steadily increased output in recent months, adding that a combination of oversupply in the European market and limited seasonal demand had led to lower prices. ...
Tags: Ethanol Production, EU Market
Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...
Tags: Coal Market, Spot Pricing
Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...
Tags: Propane, Gulf Coast
Ultra low sulfur diesel cracks are at a 6-week high on strong buying interest for cargoes in the region and a rise in the front-month 0.1% ICE gasoil futures contract. The crack for physical FOB Rotterdam ULSD barges rose to a $17.04/mt ...
Tags: Diesel Cracks, gasoil
Spot prices for delivered cargoes of North Sea propane have increased on renewed buying from the petrochemicals sector, according to industry sources. In the early part of this month the spot price of CIF North Sea propane was just above ...
Tags: Propane, Petrochemicals
Iron ore supply may exceed demand growth rates in China later in 2014 as the nation has recorded slow steel production rates since the start of the year and is currently operating at an annualized rate of 730 million mt, BHP Billiton CEO ...