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Market View
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World Demand for Cups and Lids Is Projected to Rise 5.0% Per Year to Nearly $26 Billion
Jun 26, 2013World demand for cups and lids is projected to rise 5.0 percent per year to nearly $26 billion in 2017. Advances will be driven by above average gains for food and beverage packaging cups as well as a favorable outlook for global ...
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The Nickel Price in LME Performed Not Very Strong
Jun 25, 2013Last week, the nickel price in LME performed not very strong and the spot nickel price was quoted at US$13, 780/ton on last Friday. Market participants estimated that Taiwan’s stainless steel mills would probably cut the price ...
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US Propane and Propylene Stocks Rose 3.46 Million Barrels to 53.12 Million Barrels
Jun 25, 2013US propane and propylene stocks rose 3.46 million barrels to 53.12 million barrels the reporting week ended Friday, according to an Energy Information Administration report released Wednesday. The stock increase was well above industry ...
Tags: Metallurgy, Mineral, Energy
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Saharan Blend's Increased Role Has Helped The Naphtha-rich Grade Shrug Offchronically
Jun 25, 2013Saharan Blend's increased role as a blending crude for the slew of sourgrades headed to Europe has helped the naphtha-rich grade shrug offchronically low naphtha cracks, market sources said Friday. In turn, the Algerian crude has halted ...
Tags: Metallurgy, Mineral, Energy
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Gas for Day-ahead Delivery on The UK's NBP Trading Hub Fell to a Near 10-month Low Friday
Jun 25, 2013Gas for day-ahead delivery on the UK's NBP trading hub fell to a near 10-month low Friday morning on a large oversupply with demand falling overnight. The within-day contract was valued at 55.00 pence/therm at 09:30 BST, down by 4.30 p/th ...
Tags: Gas, Metallurgy, Mineral, Energy
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Tubelite Announced The Completion of The Initial Set-up of Its New Dallas Facility
Jun 24, 2013Tubelite Inc. announced the completion of the initial set-up of its new Dallas facility. The new facility is now staffed with Tubelite employees from the Mesquite, Texas, and Walker, Mich., locations, and is operationally ready to service ...
Tags: Construction, Decoration
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The Biggest Charity "Thons" Were Flat or Slightly Down in 2012
Jun 24, 2013While the biggest charity "thons" were flat or slightly down in 2012, most dedicated to cycling saw healthy increases.? "When we look at the results, the really strong results are in the cycling area," said David Hessekiel, president of ...
Tags: Transportation, bike
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Cequent Has Rehired Sean Carrigan as Western Canadian District Sales Manager
Jun 24, 2013Cargo, towing, trailer and bike rack manufacturer Cequent Performance Products has rehired Sean Carrigan as Western Canadian district sales manager. Carrigan is returning to the company, which he left in 2006. Carrigan held the position ...
Tags: Transportation, trailer, bike
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Ibris Nickel Is Partnering with Chinese Firm to Build a Nickel Processing Facility
Jun 24, 2013Ibris Nickel, the Singapore-based nickel miner with assets in Sulawesi, Indonesia is partnering with China's Yong-Xing Alloy Materials Technology Taizhou to build a nickel processing facility in North Konawe,South East Sulawesi province, ...
Tags: Metallurgy, Mineral, Energy, nickel
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Semiconductor Equipment Market Outlook Improves, While Remains Soft in Short Term.
Jun 24, 2013Semiconductor Equipment Market outlook improves, while remains soft in short term. The global semiconductor manufacturing equipment spending is expected to drop by 5.5% during 2013 to $35.8bn, while the capital spending is also expected ...
Tags: Semiconductor, Electrical, Electronics
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Adrian Montgomery Is Leaving The Company on July 10
Jun 24, 2013After nearly nine years with Scott Sports, Adrian Montgomery is leaving the company on July 10, he and the company announced late Thursday. "It was a very hard decision to leave Scott," said Montgomery. "I've given a lot of myself to the ...
Tags: Transportation, bike
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The European Stainless Steel Market Is Slowing No Substantial Change in Q2
Jun 24, 2013According to report released by Germany-based service centre group Damstahl, the European stainless steel market is slowing no substantial change in the second quarter, in comparison of a quarter ago. Damstahl said that the stainless steel ...
Tags: Construction, Decoration, Metallurgy, Mineral, Energy
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OPEC's Role in Supplying Global Oil Markets Has Not Been Diminished
Jun 24, 2013OPEC's role in supplying global oil markets has not been diminished by the surge in oil production in the United States, though trade patterns willshift as a result of the shale boom in North America, the head of the International Energy ...
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Shale Gas Revolution in North America Was Unlikely to Be Replicated Elsewherein The World
Jun 24, 2013The head of the International Energy Agency warned Thursday that theshale gas revolution in North America was unlikely to be replicated elsewherein the world, and that its effect would be more likely felt through anincrease in LNG supplies ...
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Mina Invierno Said a Spokesman for One of The Mine Owners Wednesday
Jun 24, 2013Chile's newest and largest coal mine, Mina Invierno, which started production in January has to date exported a total 435,000 mt of thermal coal in five vessels, including two Capesize [around 300,000 mt] cargoes to India, said a spokesman ...
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