Daily purchases from China's state reserve have fallen in recent weeks amidst market perceptions that reserve sale prices may be lowered, competition from foreign cotton, and the prospect of new-crop cotton offered below the current reserve ...
Tags: Apparel, Accessories, Textile
US commercial crude stocks rose 1.45 million barrels to 383.91 million barrels in the reporting week that ended June 6, American Petroleum Institute data showed Tuesday. Analysts surveyed Monday had been expecting a 1.2 million-barrel ...
Tags: Crude Stocks, crude futures
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis have fallen amid thin trade after news Qingdao port had halted shipments of aluminum and copper amid a probe into loan irregularities ...
Tags: import premiums, Copper futures
The relationship between feedstock soybean oil and blendstock heating oil that the biodiesel industry uses to gauge costs and margins rebounded Tuesday from hitting a three-month low Monday. The "boho" factor, as the relationship is also ...
Tags: heating oil, Biodiesel
US natural gas demand would increase 3.29 Bcf/d by 2020 as a result of the US Environmental Protection Agency's newly released plan to cut carbon dioxide emissions from power plants 30% from 2005 levels by 2030. After 2020, gas demand ...
Tags: Natural Gas, gas prices
US natural gas demand could increase by 3 Bcf/d to 10 Bcf/d by 2020 under an expected Environmental Protection Agency plan to reduce carbon dioxide emissions from power plants, analysts said Friday. Using its authority under the Clean Air ...
Tags: Gas Demand, natural gas
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
The NYMEX June natural gas futures contract closed 10 cents higher at a $4.505/MMBtu settlement on Tuesday as the market eyed forecasts for above-normal temperatures into June that could curb storage refills. "What we're seeing is the ...
Tags: natural gas, NYMEX settlement
European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...
Tags: low sulfur diesel, gasoil futures
The NYMEX June natural gas futures contract settled 4.6 cents higher at $4.405/MMBtu on Friday as the market consolidated ahead of the holiday weekend and eyed forecasts for hotter than normal weather into June. "Despite the short-term ...
Tags: Natural Gas, oil prices
Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
The spread between US Gulf and Atlantic Coast heating oil narrowed Monday to its lowest level in well over a year as USAC demand for traditional heating oil -- with less that 2,000 ppm sulfur -- continues to decline. On July 1, four ...
Tags: Heating Oil, sulfur
Some rain fell in the parched Plains over the weekend, but it fell short of earlier expectations, while planters finally started rolling in earnest in the Midwest. However, more rain in that region this week -- though needed -- could keep ...
Tags: Agriculture, Food, weather
US crude stocks jumped 10 million barrels last week -- the largest build in 13 years -- on a surge in imports and lower refinery run rates in the US Gulf Coast, data from the US Energy Information Administration showed Wednesday. The ...
Tags: Crude Stocks, lower refinery
The timespread for 500 ppm gasoil swaps in Singapore widened to a four-month high of 83 cents/barrel for May/June Monday, reflecting a tighter market during the regional refinery maintenance season, a narrowing East/West spread and ...