After hitting an eight-month low on March 28, Asian isomer-grade mixed xylenes have seen a marked rebound as bargain hunters returned to the market and the downstream paraxylene sector showed signs of rising demand. From $1,119.50/mt FOB ...
Tags: Asian Isomer-Mx, Downstream
Russia's export of ESPO Blend crude loading from Kozmino port is fixed at 19 cargoes in May, the highest monthly figure since exports of the grade began in December 2009 and up from 17 in April. The increase is in line with the completion ...
Tags: Metallurgy, Mineral, Energy, oil
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
Northwest European Urals is at its narrowest discount to North Sea Forties crude so far in 2013 as emerging buying interest in the Russian medium, sour grade sent its values soaring, market sources said Wednesday. This comes just eight ...
Tags: crude demand, refiners, oil
The FOB Singapore cash differential to the Mean of Platts Singapore assessment for 180 CST high sulfur fuel oil widened to a near six-month high Monday, on increased demand for 180 CST as a cutter stock amid heavy refinery maintenances in ...
Reignited concerns over the domestic benzene demand as well as a stubbornly closed arbitrage to the US saw European benzene prices plunge below $1,300/mt for the first time since mid-October, Platts data show. Benzene barges were assessed ...
Tags: benzene, benzene demand, benzene barges
The Northwest European benzene market tumbled to a 15-week low of $1,335.5/mt Tuesday on a combination of weak downstream demand, upcoming derivatives turnarounds, a closed arbitrage to the US, as well as persistently high inventories, ...
Tags: benzene, US, Platts data
The US Gulf Coast-Asia arbitrage for isomer-grade mixed xylenes on paper does not appear to be re-opening any time soon, as arbitrage economics continued narrowing, plunging to a five-month low Tuesday, Platts data showed. "The US-Asia ...
Tags: Asia arbitrage, Chemicals, USGC
The Northwest European March benzene contract price has been fully settled at Eur1,054/mt, or $1,380/mt, CIF ARA, industry sources confirmed Friday. The settlement represents an increase of Eur14/mt and a decrease of $28/mt compared ...
US fuel oil exports to the Netherlands, Europe's primary demand hub, were the second-highest on record for 2012 but slowed in the latter part of the year, according to US data, signaling a shifting dynamic as domestic demand for the ...
Tags: Metallurgy, Mineral, Energy, high sulfur fuel oil
Styrene's premium to its feedstock benzene rose to its highest in four months in the Northwest European market, Platts data showed. The premium was assessed at $346/mt at Friday's close, mainly due to falling benzene prices. The premium ...
Tags: styrene, benzene, Styrene's premium
Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important $400/mt mark for the first time since mid-November to be assessed at $379.75/mt at ...
A narrow propylene arbitrage from Asia to the US has opened this week with increased discussions between Asian producers and traders to fix cargoes, market sources said Friday. Discussions intensified late this week after Taiwan ...
Tags: propylene arbitrage, propylene trade, propylene market
Styrene monomer stocks in shore tanks in East China rose week on week by about 10,000 mt to roughly 66,000 mt this week -- the highest level seen since early August 2012 -- but still relatively low, market sources said. Whether the ...
The arbitrage window to move polypropylene cargoes from China to Southeast Asia has opened on paper, but no cargoes have been booked so far for the voyage, traders said Wednesday. Demand for PP is weak in China ahead of the long Lunar New ...
Tags: polypropylene cargoes, China, chemicals