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China to Eliminate Import Tax on Australian Coal

Dec 16, 2016

Australian thermal coal cargoes arriving at China's ports on January 1, 2017, and thereafter will be clear of the Asian country's 2% import tax, currently equivalent to $1.50/mt, and levied on the delivered CFR South China price of ...

Tags: Thermal Coal, Coal

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

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

CFR China Cargo Bids Fall, Talk of Shenhua Price Cut

Jun 19, 2014

The Asian seaborne cargo market for 5,500 kcal/kg NAR imported thermal coal was weaker Monday, with bids slipping to about $70/mt CFR South China amid talk Chinese coal producer Shenhua was on the verge of cutting prices. Buying interest ...

Tags: Shenhua Price, CFR China

Two Trades for Mid-Calorific Value Imported Thermal Coal Were Heard in The Seaborne Market

Feb 25, 2014

Two trades for mid-calorific value imported thermal coal for delivery to ports in South China were heard in the seaborne market during Friday's Asia trading session, supporting prices, said market sources. The Platts/Fenwei CFR South ...

Tags: thermal coal, Mineral

Spot Sales Amount to an Average of 25% of Australian Coal Majors' Books in 2013

Feb 24, 2014

Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...

Tags: Coal Market, Spot Pricing

Drop Drown in China Drove High Sales Volume

Jan 2, 2014

Global 40W equiv. LED bulb ASP decreased 2.7 percent to US $15.4 (NT $462), with price decline most evident in the China region, according to market intelligence organization Trendforce’s LEDinside division’s latest LED bulb ...

Tags: LED Bulb, LED Lighting

On Tuesday, The CFR China Price of SM Rose $18/Mt Day on Day to $1,686.50/Mt

Dec 9, 2013

The price spread between imported styrene monomer, on a CFR China basis, and domestic SM widened to almost a nine-month high of $54.40/mt on Tuesday, due to stronger prices of SM and benzene in overseas markets, Platts data shows. On ...

Tags: styrene monomer, Chemicals

The Spread in Asia Between Paraxylene & Feedstock Isomer-Grade Mixed Xylene Hit 3-Year Low

Nov 19, 2013

The spread in Asia between paraxylene and feedstock isomer-grade mixed xylene hit a three-year low of $160/mt Wednesday, amid an open arbitrage into Asia for PX but tight regional supplies for isomer-MX. On Wednesday, Platts assessed the ...

Tags: Paraxylene, Chemicals

Prices Drifted Sideways in The Delivered South China Cargo Market for Thermal Coal Friday

Sep 22, 2013

Prices drifted sideways in the delivered South China cargo market for thermal coal Friday in the absence of any significant buying interest from China, and sellers pondered the next move in a buoyant freight market, market sources said. ...

Tags: Coal, Metallurgy, Mineral, Energy

Sinopec Has Raised Its East China Price for Isomer-grade Mixed Xylenes by Yuan 200/mt

Sep 5, 2013

China Petroleum & Chemical Corp, or Sinopec, has raised its East China price for isomer-grade mixed xylenes by Yuan 200/mt or 2.3% effective Monday, market sources said Tuesday. The company's isomer-MX ex-works price at its four ...

Tags: China Petroleum

CFR China Phenol Price Was Mostly Hovering Below Producers' Breakeven Costs

Jun 26, 2013

The CFR China phenol price was mostly hovering below producers' breakeven costs for the last eight months due to high supply and weak demand, and there was little chance for respite with new capacity coming on stream. This is just the ...

Tags: CFR Phenol Price, Chemicals

Average Production Margin for Asian Purified Terephthalic Acid Rose to Minus $48.89/mt

Jun 5, 2013

The average production margin for Asian purified terephthalic acid in May rose to minus $48.89/mt, the highest level seen since July 2012, amid firm PTA demand for polyester, Platts data showed. In April, the average stood at minus ...

Tags: Polyester, PTA

Chinese Buyers Were Bargain-hunting in The Seaborne Market

Mar 18, 2013

Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...

Tags: Chemicals, CFR Cargoes Trade, Chinese Market

The Flip Side to China's Large Population Is Its Vast Labor Supply

Mar 5, 2013

The flip side to China's large population is its vast labor supply. China's emergence as the manufacturing hub of the world over the past three decades has created significant downward pressure on pricing of many of the world's goods. ...

Tags: Focus Vision, China, China Price

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