CFR China articles & resources on Made-in-China.com

No Large-Scale Cuts From Chinese Coal Mines

Mar 9, 2017

China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...

Tags: Coal Mines, Coal

Butadiene-Naphtha Spread Hits 7-Year High

Jan 30, 2017

The Asian butadiene-naphtha price spread hit a seven-year high of $2,557.38/mt CFR last Friday amid extremely tight supply globally and strong demand for downstream products such as styrene-butadiene-rubber, SB latex and ...

Tags: Butadiene Naphtha, styrene

Crude Oil Imports Continue on High Run Rates

Jan 16, 2016

With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...

Tags: oil product, bitumen

Eastern China Ferrous Scrap Stable on Rising Price

Dec 28, 2015

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...

Tags: ferrous scrap, iron ore

Goldman Sachs Lowers 2017 Iron Ore Price Forecast $5/Dmt to $35/Dmt CFR China

Dec 18, 2015

Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...

Tags: iron ore price, steel

Iron Ore Majors Must Cut 'like It's 1994' to Halt Further Price Drop: Investec

Dec 16, 2015

Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...

Tags: iron ore, aluminum

Parity Seen Between Russian, European SBR Offers as 2015 Draws to Close

Dec 15, 2015

Russian-origin styrene butadiene rubber 1502 grade was seen being offered at prices similar to offers from mainland Europe this week eroding the Eur50-200 spread between product from the two sources through 2015, trade sources said. ...

Tags: styrene butadiene rubber, SBR-1502

SGX Takes on Larger Share of Coking Coal Futures Volume in November

Dec 2, 2015

The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...

Tags: SGX, Coking Coal, iron ore, thermal coal

India Fomento to Ship Its 1st Iron Ore Since Mining Ban Nov 5-15: Sources

Nov 4, 2015

West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...

Tags: Fomento Resources, seaborne prices, Iron Ore

China's Yuan Devaluation Impacts on Petrochemicals

Aug 16, 2015

China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...

Tags: polymer, carbide PVC

China Sources 84% of H1 Iron Ore From Australia

Aug 1, 2015

China's iron ore demand is falling, but its share of imports from mining giants Australia and Brazil is rising, which is squeezing smaller miners and curbing their supply. China imported 453.1 million mt of iron ore in January-June, with ...

Tags: Iron Ore, Metals

Asian PET Margins Remain Positive on Demand Peak

May 18, 2015

Asian polyethylene terephthalate production margins remain in positive territory despite a sharp fall in PET prices Wednesday, May 13, underpinned by seasonal demand peak and even sharper falls in feedstock prices, Platts data shows. ...

Tags: PET prices, PET exports, Polyethylene Terephthalate

Platts Raised The Weekly CFR China Copper Premiums Assessment to $70-80/Mt Wednesday

Jan 8, 2015

Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...

Tags: Copper Import, Copper

LPG Prices Plunge for 2nd Week Slump,Weak Demand

Dec 15, 2014

Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...

Tags: Propane, LPG

Spot Import Premiums for London Metal Exchange-Registered Brands Amid Persistent Weakness

Oct 30, 2014

Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis generally remained steady but displayed signs of slipping amid persistent weakness in the physical buying interest, market sources said ...

Tags: Copper, aluminum

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