FOB prices for Australian 5,500 kcal/kg and 6,000 kcal/kg net-as-received spot cargoes came under intense pressure Thursday from a firmer freight market, lower Asian physical demand and weaker prices for domestic coal in China, market ...
Tags: spot cargo, Thermal Coal, Asia
It's reported that steel rebar futures at Shagnhai Futures Exchange (SHFE) fell for a second day to the lowest level in more than six weeks on nine consecutive weeks of climbing inventories in China, showing a sign of oversupply in the ...
Tags: Steel rebar, Steel.rebar
US prices for all Formosa Plastics liquid caustic soda products will increase by $30/dry st immediately or as contract terms allow, the company said in a letter to customers Wednesday. The company did not provide a reason for the ...
The Australian sharemarket has reached a fresh four-and-a-half-year high, buoyed by improved investor sentiment towards the Italian election outcome. At the close today, the benchmark S&P/ASX200 index was up 67.5 points, or 1.34 per cent, ...
Tags: Buoyant, Australian sharemarket, 2008 levels
ExxonMobil nominated its March US butadiene contract price at 86 cents, up 3 cents/lb ($66/mt), sources said Thursday. ExxonMobil spokeswoman Margaret Ross declined to comment. Market expectations have been for March US ...
Tags: ExxonMobil, butadiene contract price, butadiene supply
The China government was expected to announce the preliminary results of its anti-dumping and anti-subsidy investigation against polysilicon firms from the EU, US, and South Korea on February 20. However, according to China-based media, the ...
Tags: China government, preliminary results, polysilicon firms
Weakness among the big miners was offset by gains in finance companies and defensive sectors. Despite the flat trade, Australian stocks have posted their fifth consecutive weekly gain. The benchmark S&P/ASX200 index closed down three ...
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
The four paraxylene Asia Contract Price-based sellers, ExxonMobil, Idemitsu Kosan, JX Nippon Oil and Energy and S-Oil, who typically lower their nominations to meet bid levels have not done so for the February ACP as spot prices have ...
Tags: paraxylene, ExxonMobil, Idemitsu Kosan, JX Nippon Oil, Energy and S-Oil
Some China-based solar firms hope to terminate long-term polysilicon supply contracts with international firms. The latter noted that it is quite difficult to do so because when the firms signed the contracts, there were material shortages ...
Tags: solar firms, China, long-term polysilicon supply contracts
The Asian LNG spot price is expected to peak at an average of $16.90/MMBtu in 2013, with the LNG market expected to tighten further and freight rates to remain high, Goldman Sachs said in a report released late Monday. "The Japan ...
Tags: LNG spot price, LNG market, Asia
The China government is likely to levy punitive tariffs on polysilicon makers from Europe, the US and South Korea in the first quarter of 2013. Recently, domestic material makers have been aiming for a price increase. Market observers ...
Tags: China government, polysilicon makers, prices
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
US steam cracker margins climbed week-on-week as ethylene prices reacted to the news of planned and unplanned outages in the US Gulf Coast region. ExxonMobil suffered an upset at its Baytown, Texas, olefins plant Tuesday. Westlake ...
Tags: US, Ethylene Margins, ethylene prices, Production Outages, Feedstocks
Term contract discussions between Asian purified terephthalic acid producers and end-users are at a stalemate over a failure to agree on a new pricing formula, industry sources said Friday. The two sides typically finalize their term ...
Tags: PX price, Asia, PTA market