Southeast Asian ethanol producers face a short window for exporting biofuel to the Philippines as the previously high US prices that created an arbitrage for them in February and March are expected to fall, ethanol traders said Monday. ...
Tags: Ethanol, ethanol prices
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 ...
Soybean futures topped out Tuesday above $15/bushel for the first time in quite a while on news that there's a lot of demand for both the oilseed and its oil. The National Oilseed Processors Association (NOPA) announced Tuesday soybean ...
Tags: Agriculture, Food, Soybean
Chinese inquiries for imported thermal coal have picked up amid stabilizing domestic prices and lower freight rates, but a wide bid-offer spread continues to deter spot deals, sources said Tuesday. Australian suppliers have raised their ...
Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM
The winning bid in the monthly auction held Wednesday for Japanese H2 ferrous scrap for export from Tokyo Bay was Yen 32,610/mt ($319.70/mt) FAS or free alongside ship, the organizer of the tender said. The bid was Yen 1,700/mt higher ...
Tags: Ferrous Scrap, Itochu Metals
The first shipment of iron ore from Goa has made its way onto the spot market Tuesday, weeks after the February 17 auction held by the Indian state, following an extended ban on ore exports. Singapore-based trader Unicore Resources ...
Tags: Iron Ore, Goa's mines
All US ethanol regions on Monday were assessed within 10 cents of their previous assessment for the first time since March 11, as volatility that has plagued the market for two months softened. The front-month New York Harbor ethanol ...
Tags: Ethanol, Ethanol Assessments
US over-the-counter thermal coal prices changed little Thursday, as competing natural gas futures got a boost from end-of-season gas storage stocks falling to 822 Bcf, a level not seen since 2003. The increased consumption of gas this ...
Tags: natural gas, gas, Metallurgy, Mineral, Coal
According to the Indian government's Press Information Bureau (PIB), iron ore handling has commenced at Mormugao Port in the Indian state of Goa with an iron ore shipment of 70,000 mt destined for China, following the easing of the ban by ...
Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market
The spot US benzene contract price for April settled at $4.80/gal ($1,436.64/mt), a decline of 15 cents compared with March's CP, industry sources said Tuesday on the sidelines of the American Fuel & Petrochemical Manufacturers conference ...
Tags: Spot Benzene, Fuel, Petrochemical
EU carbon dioxide allowances crashed to a nine-month low Friday, as speculators unwound long positions ahead of data due next week and expected to signal weak demand, traders said. EU Allowance futures contracts for December 2014 delivery ...
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...