A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
Nickel prices on the London Metal Exchange are likely to trade within a range of $17,000-23,000/mt in 2015, Alto Capital research analyst Carey Smith said Friday. "Prices will average around the $20,000/mt level due mainly to the ...
Tags: Nickel prices, Mineral
The production and sales of coal declined in the first eight months in China, according to the China Coal Industry Association Sunday. China produced 2.52 billion tonnes of coal from January to August this year, down 1.4 percent from the ...
Tags: Coal Production, Mineral
The price of palladium, hitting $865 an ounce on Friday, made a notable record. It hasn't, as Reuters notes, traded so high since February 2001. What's more, it also surged by highs it hit back in 2011 when it traded in the mid-$800s an ...
Tags: palladium, Metallurgy, Mineral, Energy
US coal stockpiles essentially held steady at 141 million st in the week that ended Thursday, but are likely to begin declining in the coming weeks as coal burn increases with summer demand, according to Bentek Energy. Bentek, a unit of ...
Tags: coal stockpiles, coal consumption
Illinois Basin market sentiment was mixed this week, as some participants said they see prices rising on heightened domestic demand, partly to rebuild stockpiles, while others took a persistently bearish view that increased production in ...
US coal stockpiles fell to 126 million st for the week ending Friday, down 32% from the five-year average, Bentek Energy said. Bentek, a unit of Platts, said lower coal production and higher coal consumption during the week meant US coal ...
Tags: Coal Stockpiles, natural gas
US exports of ethanol in April totaled 251 million liters (66 million gallons), down 21% from March, but 62% above those of April 2013, according to US Census Bureau data released Wednesday. The data includes all ethanol types except for ...
Tags: Ethanol Exports, ethanol
Weekly coal carloads originated by US railroads jumped 4.6% on a year-over-year basis in the week ended May 24, as both BNSF Railway and CSX showed strong gains in weekly coal deliveries, according to data from the Association of American ...
Tags: coal carloads, railroads
Few spot deals for Indonesian thermal coal were reported Wednesday, as Indian buyers opted to purchase from port stocks while Chinese demand remained inactive, sources said. A Dubai-based trader said he had seen many inquiries from Indian ...
Tags: thermal coal, Chinese demand
Peabody Energy estimates that Southern Powder River Basin coal prices are up about 30% in the trailing six-month period ended April 30, with SPRB stockpiles dropping below "normal" levels to 48 days use. Peabody's estimates, which were ...
Tags: coal, natural gas
Illinois Basin steam coal producer Armstrong Energy on Thursday posted record revenue of $110.9 million in the first quarter of 2014, a 9.5% year-on-year jump, as sales rose 124,000 st to 2.4 million st. The St. Louis-based company, whose ...
Tags: Armstrong Energy, coal producer
Diversified iron ore developer London Mining said Monday it produced 900,000 mt of iron ore from the Marampa operation in Sierra Leone in the first quarter, up 17% from Q4 2013, while it looked for a minority investor to help it cope with ...
Tags: Iron Ore, London Mining
Weekly US coal carloads for the week ending May 3 continue to improve, notching their eight consecutive week of year-over-year growth, the Association of American Railroads reported Thursday. Coal carloads totaled 112,361, down 0.8% from ...
Tags: Coal, Coal carloads