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June Contracts for US Orthoxylene Were Heard Settled Thursday at 63 Cents/lb

Jun 8, 2013

June contracts for US orthoxylene were heard settled Thursday at 63 cents/lb, a 1.5 cent decrease from May, multiple industry sources said. May OX contracts were assessed at 64.5 cents/lb. US OX contract settlements typically follow the ...

Tags: Chemicals, orthoxylene

Demand in The Turkish Polymer Market Has Slumped

Jun 8, 2013

Demand in the Turkish polymer market has slumped as riots have erupted in major cities and the local currency has tumbled, sources said this week. "There is instability, and the issue of payments, caused by political unrest. It is very ...

Tags: Polymer, Chemicals

Global Crude Steel Output in 2012 Ranked China Tops

Jun 7, 2013

The World Steel Association announced that the world ranking of crude steel output in 2012 on June 6, 2013. the statistics show that China is the top of list with 716.5 million tons, increased by 3.1%, the market share is 46.3%; Japan is ...

Tags: Crude Steel, Steel, Construction, Metallurgy

Aluminum Will Flexibly Produce Electrolytic Aluminium Through Parts of The Produce Line.

Jun 7, 2013

Aluminum Corporation of China Limited (Chalco, SHSE: 601600) announced yesterday that it will flexibly produce electrolytic aluminium through parts of the produce line. Because of this, the company will suspend the capacity of producing ...

Tags: Aluminium, Metallurgy, Mineral, Energy

Sown Area of Cotton in China in 2013 Will Fall 6.7% Over a Year Earlier

Jun 7, 2013

Sown area of cotton in China in 2013 will fall 6.7% over a year earlier, showing the cotton production continues to shrink and the stability of cotton production is facing new challenges, according to China Cotton Association. Still ...

Tags: Cotton, Textile

Hong Kong Recorded Highest Yearly Rentals for Booths in Prime Locations

Jun 7, 2013

Japanese media quoted data from commercial real estate service provider CBRE saying that Hong Kong recorded highest yearly rentals for booths in prime locations among major global cities ended March 2013, reaching USD 4,328 or CNY 26,000 ...

Tags: booths, Service

The Architectural Coatings Sector in Europe Has Hopes Because of EU Legislation

Jun 7, 2013

Much of the architectural coatings market in Europe is in the doldrums at the moment because of a slump in the region's construction sector stemming from a general slowdown in its economy. During the first quarter of this year, European ...

Tags: Architectural Coatings, Coating, Construction

Manmade Carved Glass Vase Is Sold as Much as Ten Thousand Yuan

Jun 7, 2013

"Glass can be so expensive" said by a man in 150 square meters manmade glass store of Hankou city yesterday. A manmade carved glass vase is sold as much as ten thousand yuan. It was made carefully by the craft man for about two or three ...

Tags: Construction, Glass

Ford to Expand The Production of The Ecoboost Engine at Its Cologne Engine Plant

Jun 7, 2013

US-based automobile manufacturer Ford Motor will expand the production of the EcoBoost engine at its Cologne engine manufacturing plant in Germany. The company will increase the production of the 1L EcoBoost by two times to over 1,000 ...

Tags: Auto, Ford

Egypt Will Grow by 2.88% During 2011-16 as Compared to 1.22% in The Previous Five Years

Jun 7, 2013

Spirits consumption in Egypt will grow by 2.88% during 2011-16 as compared to 1.22% in the previous five years, according to a report by Canadean Wines & Spirits. The report, "The Future of the Spirits Market in Egypt, to 2016", says that ...

Tags: Agriculture, Wines, Spirits

Mercedes-Benz Has Reported a 7.3% Increase in Its May 2013 Sales to 121,360 Units

Jun 7, 2013

German automobile manufacturer Mercedes-Benz has reported a 7.3% increase in its May 2013 sales to 121,360 units, compared to the corresponding period of 2012. The company had sold about 70,000 units of the vehicles called as 'dream ...

Tags: Vehicle, Mercedes-Benz

MarkWest Energy Is Selling Some of Its Natural Gas Gathering Facilities in West Virginia

Jun 7, 2013

MarkWest Energy is selling some of its natural gas gathering facilities in West Virginia for $210 million as it focuses on growing processing needs elsewhere in the Marcellus and Utica shales, the company said Wednesday. The sale of these ...

Tags: Chemicals, Energy

European Benzene Market Has So Far Shrugged off This Week's Flood News

Jun 7, 2013

The European benzene market has so far shrugged off this week's flood news in a number of Central European countries, according to market sources. Traders said they were not aware of any production issues caused by elevated water levels. ...

Tags: benzene market, Chemicals

Argentina's New Car Sales Increased by 17% in May

Jun 6, 2013

According to the ACARA, Argentina's new car sales in 89644 vehicles in May-2013, and 76389 vehicles in May-2012, Up 17% from a year earlier. The association also said that between January and May 2013 new car sales in Argentina ...

Tags: Car, Transportation, vehicles

Difficulty in Obtaining Supplies of Roundwood Showing Slight Decline of 1.8%

Jun 6, 2013

Difficulty in obtaining supplies of roundwood from February up to and including April have resulted in production at Russian sawmills showing slight decline of 1.8% to roughly 6.6m m3 in the first four months of 2013. In April , production ...

Tags: Lumber, Construction