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Independent Players Push for Access to LNG Supply

Jan 30, 2015

Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...

Tags: LNG prices, LNG market

Australian Alumina Assessment Decreased $1.50/Mt

Jun 23, 2014

Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...

Tags: Alumina, Qingdao port

Spot Imports of Primary Aluminum Ingot Into Japan Were Thin This Week

Apr 4, 2014

Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...

Tags: aluminum ingot, spot market

SM Prices Jumped $10.50/mt Day on Day to $1,675.50/mt FOB Korea

May 28, 2013

The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...

Tags: Chemicals, petrochemical, styrene monomer

Spread Between Asian SM and Benzene Prices Widened to a Six-week High of $356.50/mt

May 14, 2013

The spread between Asian styrene monomer and benzene prices widened to a six-week high of $356.50/mt Thursday, up $20/mt or 6% from a day earlier, as China's shrinking SM inventories lifted SM prices, Platts data showed. The last time the ...

Tags: SM-Benzene, Benzene

Platts June LNG Japan Korea Marker Ended The Asian Trading Week Down 15 Cents/MMBtu

Apr 23, 2013

The Platts June LNG Japan Korea Marker ended the Asian trading week down 15 cents/MMBtu at $14.85/MMBtu, as abundant June cargo availability and limited demand continued to weigh on prices. The June JKM rolled over Tuesday at ...

Tags: Asia Spot LNG, Platts June JKM

Spot Market for LPG Cargoes Loading out of The Middle East Has Softened Amid Weak Demand

Mar 25, 2013

The spot market for LPG cargoes loading out of the Middle East has softened amid weak demand from Asian buyers, according to market sources. This was reflected in the spot cargo price differentials, with Arcadia heard selling 44,000 mt of ...

Tags: tepid Asian demand, LPG Fob Persian, Chemicals

Competitively-priced Cargoes of Indonesian Thermal Coal Added to The Downward Pressure

Mar 22, 2013

Competitively-priced cargoes of Indonesian thermal coal added to the downward pressure on Chinese spot prices Wednesday, with a Panamax spot cargo of Kalimantan 5,500 kcal/kg NAR coal heard placed into south China at $83/mt CFR basis, ...

Tags: Coal, thermal coal, Metallurgy, Mineral, Energy

FOB Prices Came Under Intense Pressure Thursday From a Firmer Freight Market

Mar 11, 2013

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

Platts April LNG Japan Korea Marker Ended The Asian Trading Week at $17.875/MMBtu

Mar 5, 2013

Platts April LNG Japan Korea Marker ended the Asian trading week at $17.875/MMBtu, down 32.5 cents/MMBtu, as North Asian spring demand subsided along with expectations of temperatures warming up in the period. The one-month weather ...

Tags: LNG, gas, market view

The Platts February LNG Japan Korea Marker Ended The Asian Trading Week at $17.40/Mmbtu

Jan 8, 2013

The Platts February LNG Japan Korea Marker ended the Asian trading week at $17.40/MMBtu, up from Monday's $17.15/MMBtu, on the back of sustained demand stemming from cold weather in the Far East. Low temperatures across North Asia boosted ...

Tags: Petroleum, gas, LNG, gas demand

Iron Ore Swaps Rose Almost Threefold to a Record This Year

Jan 6, 2013

Bloomberg reported that trading in iron ore swaps, used to bet or hedge on the future cost of the steelmaking commodity, rose almost threefold to a record this year as prices slumped to the lowest in nearly three years before rebounding. ...

Tags: iron ore, steelmaking commodity, future cost, SGX AsiaClear

The FOB Korea Toluene 2013 Term Contracts Were Mostly Concluded at a Premium of $7-8/Mt

Jan 4, 2013

The FOB Korea toluene 2013 term contracts were mostly concluded at a premium of $7-8/mt to the Platts FOB Korea toluene marker, traders and producers said Wednesday. This is an increase of around $2-3/mt from premiums for 2012 ...

Tags: toluene, toluene market, Honam, South Korea

Japan Imported 6.66 Million Mt of LNG in November

Dec 31, 2012

Japan imported 6.66 million mt of LNG in November, almost stable from October, when imports were recorded at 6.67 million mt, customs data released Thursday by the Ministry of Finance showed. However, LNG imports were down 4.5% from ...

Tags: Japan, LNG, LNG imports, Japan economy

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