The Asian seaborne cargo market for 5,500 kcal/kg NAR imported thermal coal was weaker Monday, with bids slipping to about $70/mt CFR South China amid talk Chinese coal producer Shenhua was on the verge of cutting prices. Buying interest ...
Tags: Shenhua Price, CFR China
French dairy major Danone is planning to shut down three of its plants in Europe, a move which will eliminate 325 jobs. The decision comes amid declining fresh dairy sales in the continent. Although, European sales volumes are now ...
Tags: Dairy Plants, Danone
Citgo Petroleum Corp. will raise xylene and toluene truck and rail pricing by 4 cents effective June 18, according to a letter the company sent Wednesday to customers that Platts obtained Thursday. "This price adjustment is due to limited ...
The arbitrage window for Asian benzene cargoes headed to the US Gulf Coast is open again after remaining shut for almost three weeks, according to Platts data. Based on the latest assessments, the FOB US Gulf-FOB Korea spread at $74.89/mt ...
Tags: Benzene, export demand
European butyl acetate producers are again struggling to pass on feedstock increase this month and are having to accept declining margins, sources said this week. Butac is produced from iso-butanol, a propylene derivative, and acetic ...
Tags: Butyl Acetatem, propylene
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
French pipe manufacturer Vallourec has announced some updates in its 2014 guidance, following its Brazilian customer Petrobras' decision to eliminate most of its tube inventories by the end of the year, while maintaining its drilling plans. ...
Japanese spot import prices of high-carbon ferrochrome rose this week as Indian producers cut output amid a decline in domestic chrome ore feedstock supplies, market sources said Friday. Platts assessed the spot price of high-carbon lumpy ...
The buying surge in rhodium that began two weeks ago during Platinum Week in London ended this week, with would-be buyers heading to the sidelines amid surging prices. The Platts New York Dealer rhodium price tumbled to $1,070-1,130/oz ...
Tags: rhodium, scrap recyclers
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
U.S. corn ending stocks came in slightly higher in Wednesday's USDA World Agricultural Supply and Demand Estimates (WASDE) report, while soybean ending stocks are seen slightly lower from last month's estimate amid reports that crop ...
Tags: Corn, Soybean, Agriculture, Food
South African Richards Bay Coal Terminal's exports of coal in May rose 28% year on year to 5.58 million mt, which was 2.3% higher month on month, according to port operating data published Thursday. RBCT said the exports were shipped in ...
Tags: Coal, Metallurgy, Mineral, Energy
At least 38.4 GW of solar electricity was connected to the grid globally in 2013, but new policies in Europe have seen the technology slip back behind wind energy in terms of new deployments. Those are two of the key findings in an ...
Tags: solar electricity
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
China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...