Domestic demand for propane and propylene in the US declined 30% last week, Energy Information Administration data showed Wednesday. At the same time, US propane and propylene stocks increased by 3.686 million barrels to 45.77 million ...
Toyota Motor Sales (TMS) has sold 243,236 units, an increase of 12.6% for the month of May 2014 on a daily selling rate (DSR) basis. The sales increased 17% from year-ago month based on a raw-volume basis, unadjusted for 27 selling days ...
Tags: Toyota Motor, Lexus luxury, Camry sales
Large Chinese thermal coal miners were dropping their selling prices for domestic 5,500 kcal/kg NAR coal, depressing demand for imported material, sources said Friday. An Indonesia-based trader said that Shenhua had cut its price for ...
Tags: Thermal Coal, power plants
The launch includes three exclusive movie tie-in sets featuring the cast in minifigure form. LEGO has offered an official first look at its new line from Marvel, inspired by the upcoming movie, Guardians of the Galaxy. The launch ...
Tags: Marvel's Guardians, Galaxy Sets
United States Steel Corporation announced Monday that it will indefinitely idle two tubular manufacturing facilities in McKeesport, Pennsylvania, and Bellville, Texas, in early August, impacting approximately 260 employees as a result of ...
Tags: US Steel, Tubing Plants
Asian paraxylene buyers placed their counterbids for June at $1,150-1,170/mt CFR, more than $100/mt lower than nominations for the Asian contract price, sources close to the negotiations said Thursday. There are four PX ACP sellers in ...
Tags: paraxylene, oil
Editor's Note: The Dragon Boat Festival falls on every May 5 of the Chinese lunar calendar. The festival, bearing the 2000-plus years'Chinese culture and undergoing the ablution of the long history, is still shining for its rich ...
Tags: Dragon Boat, Dragon Boat Festival
Swedish automobile manufacturer Volvo Car Group (Volvo Cars) has launched a transformational version of XC90 unveiling the vehicle's interior look. The refurbished version of original XC90 launched in 2002 features mixed use of soft ...
Tags: Volvo Cars, automobile
China will close down 15 million mt/year outdated steel production capacity and 15 million mt/year outdated iron-making capacity before the end of 2015 in addition to capacities already specified for closure during the 12th Five Year Plan ...
Tags: Outdated Steel, steel production
The European premium of ETBE over MTBE -- two gasoline components -- hit a two-and-a-half-year high of $166/mt Tuesday, as imports from Brazil fell, according to market sources. Platts assessed ETBE barges for spot delivery at $1,277/mt ...
Tags: gasoline, spot market
Iran is loading eight LPG cargoes totaling 317,000 mt in May for export to Asia, the biggest monthly volume since resuming shipments in May 2013 following an eight-month halt on concerns over an EU ban on shipping insurance, shipping and ...
Political instability in Thailand has cast a shadow on the country's auto market and stands to reduce demand and output in the coming months, Japanese automotive components supplier sources said Tuesday. Japanese automakers with ...
Tags: Automakers'Output, automakers
Russian steelmaker Severstal has announced that it has launched trial deliveries of rolled steel for the manufacturing of several Nissan car models in Russia. Severstal has also signed a further contract to supply rolled steel to the ...
Tags: Nissan, steelmaker
With the US styrene monomer price hitting a six-month low this week, the arbitrage to send cargoes from the US Gulf to Far East Asia has opened, traders said Friday. Offers for cargoes loading in June in the US and arriving in Northeast ...
Li & Fung Limited filed a registration statement with the Hong Kong Stock Exchange Wednesday laying out financial and other information for its $3.3 billion brand management business, which it plans to spin off as a separate publicly traded ...
Tags: Li&Fung Limited, IPO