The Australian sharemarket closed higher yesterday as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at avoiding the so-called fiscal cliff. Locally,investors remained optimistic that ...
Tags: Stock, sharemarket, tax, bank
US steam cracker margins climbed last week on higher spot prices and chemical plant outages. The US ethylene spot price jumped 6 cents on the week and was assessed Friday at 60-60.50 cents/lb FD USG, as olefins producer Williams ...
Tags: steam cracker, US, chemical plant outages, steam supply
For the global solar industry, 2012 has been about trade wars. The US and Europe both started anti-dumping and anti-subsidy investigations against the world's largest solar supply chain, China. In addition, oversupply continues to plague ...
Tags: Trade Wars, Global Solar Market, global solar industry, Energy
Polysilicon firms face survival tests Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Wednesday 30 May 2012] The price of polysilicon has been falling significantly since 2011. The current spot price is around US$20-22/kg. Many Taiwan-based ...
Tags: Taiwan, polysilicon, operating costs, AEP
AEP production suspension is temporary until market clears,says Motech chairman Simon Tsuo Nuying Huang,Taipei;Jackie Chang,DIGITIMES[Wednesday 30 May 2012]Motech announced on May 29 plans to suspend production at its polysilicon subsidiary ...
Tags: AEP, halt production, polysilicon, Motech
Commentary:Zero export tariff on China-made solar wafers likely to push down global wafer prices Jackie Chang,DIGITIMES,Taipei[Friday 11 May 2012]China-based solar firms have been demanding the government cut export tariffs on solar wafers ...
Tags: motech industries, zero export tariff on China-made solar wafers
The Critical Metals Report: John, a recent Brookings Institution report suggested that greater collaboration between U.S. and Chinese companies would alleviate tensions over tightening rare earth markets. Is the proposed merger between the ...
Tags: Rare earth, Critical Metals, rare earth markets, REEs
THE sharemarket ended the week on a low note as investors took fright after US budget talks on the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points,or 0.2 per cent,at 4623.6,reversing gains that had seen ...
Tags: fiscal cliff, Australian companies, US
The bi monthly SteelBenchmarker TM Chinese HRB ex-works price slipped 0.4% to USD 518 per tonne, for the second consecutive time. The World export HRB price rose 1.3% to USD 553 per tonne, FOB the port of export, for the fourth consecutive ...
Tags: Chinese ex-works price, SteelBenchmarker, FOB, World export HRB price
Mining companies and investors including some heavyweight industrial combines in China are pouring into the region in a quest for iron ore, driving a railway building and mining boom whose worth JPMorgan Chase & Co recently estimated at USD ...
Tags: Mining, iron ore, railway, steel production
China reportedly will announce the preliminary anti-dumping verdict against US- and South Korea-based polysilicon firms in first-quarter 2013. This will affect the supply chain, which has already been fluctuating in recent years. Most solar ...
Tags: Polysilicon Price, preliminary anti-dumping verdict, Anti-Dumping Tariff
Reuters reported that Brazil's Vale SA expects a huge derivatives market in iron ore to eventually take shape as players seek hedging instruments to minimize risk from increasingly volatile prices. Mr Jose Carlos Martins who runs the iron ...
Tags: iron ore price news, iron fx, derivatives market, steel scrap price
The bi monthly SteelBenchmarker TM Chinese HRB ex work soared 5.0% to USD 523 per tonne, for the fourth consecutive time. The World export HRB price increased 1.5% to USD 542 per tonne, FOB the port of export, for the second consecutive ...
Tags: SteelBenchmarker, HRB, HRB price, price convergence
KUNA reported that Kuwait's crude oil exports to Japan jumped 25.3% in October from a year earlier to 8.19 million barrels or 264,000 barrels per day for the first expansion in 2 months. The Japanese Natural Resources and Energy Agency ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, iron ore price news
The contract price of polysilicon has been falling from an average of US$20/kg in the third quarter to US$17-18/kg recently. Solar wafer firms noted that firms that do not have supply contracts with upstream suppliers have been procuring ...
Tags: polysilicon, price, market, contract price