Market Views of Global Trade - Made-in-China.com

China's Refinery Crude Throughput Dipped 1%

Mar 18, 2014

China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...

Tags: Refinery Crude, Chinese refiners, oil product

The US Extended The Delivery Window on Its Sale Friday

Mar 18, 2014

The US extended the delivery window on its sale Friday of 5 million barrels of Strategic Petroleum Reserve sour crude to May 10 from the original April 1-30, according to an amendment to the sale posted on the SPR website. A second ...

Tags: imported oil, SPR crude

The Focus in The Chinese Spot Market Was Back on Domestic Thermal Coal Prices

Mar 18, 2014

The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...

Tags: Buckles, Thermal Coal

US March Propylene Contract Prices Were Fully Settled 1.5 Cents/Lb Lower From February

Mar 18, 2014

US March propylene contract prices were fully settled 1.5 cents/lb ($33/mt) lower from February, market sources said Friday. The decrease is the second consecutive decline in contract pricing this year, and puts chemical-grade propylene ...

Tags: Propylene, chemical-grade propylene

Northwest European Spot Prices for AA Were Assessed by Platts Stable at Eur460/Mt FD

Mar 18, 2014

The spread between the spot prices for acetic acid and vinyl acetate monomer in Europe surged to an all-time high of Eur1,040/mt ($1,444/mt) Thursday, as VAM prices soared and feedstock AA prices remained stable. In December last year, the ...

Tags: Acid-Vinyl Acetate Monomer, acetic acid

South Korea's Spot Supply of Solvent-Grade Mixed Xylenes for April Loading Will Fall

Mar 18, 2014

South Korea's spot supply of solvent-grade mixed xylenes for April loading will fall by up to half of its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, a market source said ...

Tags: solvent-grade mixed xylenes, butane, LPG

European Market Prices of The Key Grade of Aluminum Alloy Slipped Back by a Further $14/Mt

Mar 18, 2014

European market prices of the key grade of aluminum alloy, 226, slipped back by a further Eur10/mt ($14/mt) this week as buyers could take their pick of offers in a well-supplied market. "It's very calm. Last week there was a lot of ...

Tags: aluminum alloy, European market

U.S. Retail Diesel and Gasoline Prices Rose for The Week

Mar 18, 2014

U.S. retail diesel and gasoline prices rose for the week, the Department of Energy said Feb. 18 after its weekly surveys of fueling stations. Diesel rose by 1.2 cents a gallon to $3.989 on Feb. 17. It was the fourth straight weekly ...

Tags: Transportation, Gasoline

China's Share in Global Production Has Decreased Steadily in Recent Years

Mar 18, 2014

While China continues to be the rare earth industry leader, producing about 92% of the global output, its share in global production has decreased steadily in recent years, a study by Germany's Federal Institute for Geosciences and Natural ...

Tags: Rare Earths, mining, industry leader

Mighty Bright,Designer and Manufacturer of Innovative LED Lighting Products

Mar 17, 2014

Mighty Bright, designer and manufacturer of innovative LED lighting products, will present the LUX line of LED task and floor lights for the first time at High Point Market, April 5-10 2014, at the International Home Furnishings Center in ...

Tags: LED lighting, Furniture, Furnishing, floor lights

A Wider Daily Trading Range Won't Make The Yuan a More Flexible Currency

Mar 17, 2014

Starting Monday the value of the renminbi will be allowed to fluctuate 2% above or below a daily reference rate set by the People’s Bank of China. Widening the band, which had a 1% range in both directions since April 2012, was a ...

Tags: Yuan Trading Band, central bank

Gold Prices Are Expected to Build on Its Recent Gains This Week

Mar 17, 2014

Gold prices are expected to build on its recent gains this week, as concerns over China's economy and the crisis in Ukraine will keep pushing the precious metal up, say 84% of the experts interviewed in the latest Kitco Gold Survey. From ...

Tags: Gold Prices, precious metal

Fears of China Moving to Ban The Import of Lower Grade Coal Have Again Resurfaced

Mar 17, 2014

Fears of China moving to ban the import of lower grade coal have again resurfaced amid concern over the country's high pollution levels, with several market participants indicating that the government is seriously contemplating such a move ...

Tags: Thermal Coal, Chinese Ban, high pollution levels

China's Domestic Spot Prices for Copper Fell Around 7%

Mar 17, 2014

China's domestic spot prices for copper, aluminum and lead fell around 7% year on year in 2013 on weak demand, the Ministry of Industry and Information Technology said Thursday. Lead posted the largest drop, falling 7.4% year on year to ...

Tags: Copper, Aluminum, Domestic Prices

The Coal Industry in North China's Shanxi Province Faces Mounting Pressure

Mar 17, 2014

The coal industry in North China's Shanxi province faces mounting pressure to get financing amid slumping coal prices and increasing debts, as experts call for greater freedom for non-governmental financial institutions. "The performance ...

Tags: Coal Industry, coal prices, non-governmental financial institutions