Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
The new Chinese cotton policy has the potential to derail Indian raw cotton exports to the biggest cotton consuming country in the world. As per the new policy to be made applicable from April 1, the Chinese government has lowered cotton ...
Tags: Cotton Exports, Cotton Policy
There is uneasiness that, following the release of China’s cotton policy, there will be pressure from Chinese buyers on Indian spinners to further reduce prices. In recent months, Chinese buyers have already lowered yarn buying ...
Chinese buyers refrained from meeting the delivered-price expectations of seaborne cargo sellers in unsettled Asian trade Friday, as weak fundamentals in the domestic market prolonged a week-old standoff between buyers and sellers, said ...
Tags: China Cargo Market, coal producer, thermal coal market
The US extended the delivery window on its sale Friday of 5 million barrels of Strategic Petroleum Reserve sour crude to May 10 from the original April 1-30, according to an amendment to the sale posted on the SPR website. A second ...
Tags: imported oil, SPR crude
The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...
Tags: Buckles, Thermal Coal
The top U.S. aid agency wants to step up its use of smartphones, satellite imagery and GPS cameras to oversee tax-funded development projects that aid workers no longer will be able to observe with their own eyes due to the ongoing exit of ...
Tags: smartphone, GPS cameras, Consumer Electronics, monitoring project
The top U.S. aid agency wants to step up its use of smartphones, satellite imagery and GPS cameras to oversee tax-funded development projects that aid workers no longer will be able to observe with their own eyes due to the ongoing exit of ...
Tags: smartphone, GPS cameras, Consumer Electronics, monitoring project
The US will sell 5 million barrels of sour crude from its Strategic Petroleum Reserve as part of a test sale to evaluate its ability to distribute oil in the event of an emergency, the Department of Energy said Wednesday in a Notice of ...
Tags: Sour Crude, Department of Energy
The winning bid in the monthly auction held Tuesday for Japanese H2 grade ferrous scrap for export through Tokyo Bay was Yen 30,910/mt ($299.50/mt) FAS or free alongside ship, the organizer of the tender said. The bid was Yen 2,100/mt ...
Tags: Ferrous Scrap, electric steel, Nippon Steel
Wild Flavors is reportedly geared up for sale in a deal that could value the ingredients firm at €1.5bn. Information packages to pre-selected bidders are expected to be sent later this month by Citigroup, which is managing the sale ...
Tags: Flavors Firm, Information packages
Bearish sentiment blanketed the Indonesian thermal coal market Wednesday amid reports of price discounting by major Chinese coal producers to their domestic customers, said traders. A medium-sized Indonesian coal producer said he expected ...
Tags: Thermal Coal Market, Deal-Making
The fuel oil physical hi-lo -- the premium of 1% FOB Northwest European cargoes over 3.5% FOB Rotterdam barges -- came off a 17-month high Tuesday morning, having surged $12.75/mt to $62.75/mt Monday on fears Russia may stop or reduce gas ...
Smart Glass - technology globally popular enough. Such glasses have a number of advantages over conventional windows. "Smart" glass does not transmit infrared radiation, it will delay the heat in the room in winter and not let the hot ...
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums