As of July 1, inventory of iron ore at 25 major Chinese ports amounted to 75.28 million mt, indicating an increase of 100,000 mt or 0.13 percent compared to June 24, as announced by China's Xinhua News Agency. Iron ore inventory at ...
Tags: Iron Ore, Chinese Ports
Reportedly, London-based Stemcor has announced that its trading unit WSK Stahlhandels in Germany, an importer of steel pipe products, will be dissolved and closed on June 30, 2013 - effect from close of business of the day. The closure ...
Tags: Pipe Trading Unit, Mineral
Modnique, Inc., a global fashion e-commerce retailer, announced it has signed a definitive asset purchase agreement with TOTSY, Inc., a New York, NY based private-sale site exclusively dedicated to delivering deals on must-haves for ...
The purchase of raw material as well as finished product inventory with Chinese textile enterprises decreased in May, owing to traditional off season for the textile industry, according to the monthly review of the Chinese textile industry ...
Tags: Raw Material, textile industry
Pending home sales rose in May to the highest level since late 2006, implying a possible spark as mortgage interest rates began to rise, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking ...
Tags: Construction, Decoration
Gasoline cracks have plunged in the wake of recent data from the US Energy Information Administration showing unseasonably high gasoline inventories across the country, particularly in the East Coast. The NYMEX August RBOB crack spread ...
Tags: Chemicals
The NYMEX August natural gas futures contract continued to plunge midday Thursday on an above-average storage injection that also was higher than analyst expectations. As of 12:15 p.m. EDT (1615 GMT), it traded at $3.576/MMBtu, 16.1 cents ...
The benzene price in the European spot market sank to a 13-week low Thursday after a week of a sharp -- around $100/mt -- downward correction. Barges for the delivery in ARA region 3-30 days forward were assessed at $1,238/mt at ...
The Government of India is planning to set up a cotton price stabilization fund by imposing cess on exporters, Minister of Textiles K Sambasiva Rao has said. Speaking to reporters after meeting stakeholders of the textile industry in ...
China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.1 percent in June this year, down 0.7 percentage points compared to May, according to the figures released by China's National Bureau of Statistics ...
Tags: Manufacturing PMI
Data from the Ministry of Agriculture (MoA) shows that the nation has experienced a net import of wheat, corn and rice. It imported about 13.17 million tons of grains in 2012, of which about 3.42 million tons were wheat, 5.15 millions were ...
Tags: Wheat, Corn, Rice, Agriculture
Suppliers sold bicycles worth more in dollars this May than last May, marking the first month this year that dollar sales exceeded same month sales last year. Auppliers sold bicycles worth 11.1 percent more in May than in May last year, ...
Tags: Transportation, bike
Square, best known for its credit card reader for iPhones and iPads, has launched an online marketplace, allowing local businesses to list their inventory online and accept orders through Square Market. Retailers can open an online store ...
Tags: Transportation, bike
A new research study, conducted by RMIT University’s Centre for Design and commissioned by CHEP Australia, has highlighted the role of packaging in cutting down food waste. The study titled 'The role of packaging in minimising food ...
Tags: Packaging, Food Waste
The biannual Smart Conference and Expo has come to a close for another time, and delivered a strong and improved conference program. With both the number of presentations and visitors up on the previous conference, it offered something for ...