Import iron ore prices in China have undergone two rounds of declines so far in the current year, China's National Development and Reform Commission (NDRC) said in a statement issued on May 28. By March 10, import iron ore prices in China ...
Few spot deals for Indonesian thermal coal were reported Wednesday, as Indian buyers opted to purchase from port stocks while Chinese demand remained inactive, sources said. A Dubai-based trader said he had seen many inquiries from Indian ...
Tags: thermal coal, Chinese demand
Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...
Tags: Thermal Coal, coal production
Denim fabric capacity in India is increasing with passage of years. And although domestic consumption is rising alongside, exports of denim fabric have not risen in the same fashion. At the same time, many companies are setting up new denim ...
Tags: Denim, Over-Capacity
The Platts LNG Japan Korea Marker for July, the newly assessed front month, began trading at $13.625/MMBtu on Friday. The marker for June fell 32.5 cents from last Friday to close at $13.625/MMBtu on Thursday amid ample supply and weak ...
Tags: LNG, Weak Demand
Ethylene spot prices in Northwest Europe increased marginally week on week to Eur885/mt ($1,214/mt) FD NWE Friday on the back of a fall in steam cracker utilization rates, which helped managed the oversupply in ethylene, sources said. ...
Tags: Ethylene, Utilization Rates
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets
Northwest European methanol spot prices have fallen below Eur300/mt for the first time since October 2, 2012, under pressure from ample supplies in the market, according to sources. Platts assessed spot methanol at Eur299.50/mt ($411/mt) ...
Tags: Methanol, spot prices
European fuel-grade ethanol prices have become less vulnerable to near-term declines as future prices are now high enough to encourage sellers to hold on to stock rather than selling it promptly, according to trading sources. Wholesale ...
Enterprise Products Partners offered more details on its Texas Gulf Coast ethane export terminal during a first-quarter earnings call Thursday. Enterprise, which has hinted at an ethane terminal project for over six months, announced ...
Tags: Chemicals
Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
The April US contract price for acetone settled 1.25 cents ($27.56/mt) lower at 67.25 cents/lb ($1,482.59/mt), sources said Monday. Market participants expected the contract to decrease, but anticipated a 2-3 cents decline because of slow ...
Tags: spot acetone, acetone
According to data released by the China Iron and Steel Association (CISA) on April 24, as of the end of March (March 31), the composite steel price index (CSPI) for the Chinese domestic market was at 94.83 points, down 1.63 points or 1.69 ...
Tags: Composite Steel, Iron, Steel
Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...
Tags: Iron Ore, iron ore demand
Deyu Agriculture Corp. (the "Company"), a Shanxi Province, China-based vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains, today announced its financial ...
Tags: Deyu Agriculture, agricultural products, corn, grains