June US butadiene contract prices are expected to roll over or possibly fall slightly compared with May contract prices as spot levels have dropped throughout May, sources said Wednesday. Many sources expect a rollover in contract pricing ...
Tags: Butadiene, contract price
Lenovo's net profit grew 25 percent year-over-year in the first quarter as the Chinese company continued to make gains in the PC and smartphone markets.? During the period ended 31st March, Lenovo's net profit reached US$158 million, up ...
Tags: Lenovo, IT, Computer Products, Smartphones, PC
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
Some sellers of molybdenum oxide powder in Asia have lowered offers Friday, following falls during European trading hours Thursday, while others kept their offers at $14.70-14.80/lb CIF, market sources said. Platts assessed moly oxide at ...
Tags: Molybdenum Oxide, Oxide Powder
The sale of “The Winston Blue” helped bring Christie’s auction held Wednesday in Geneva to the status of highest total ever for a jewelry auction. The diamond sold for more than $23 million. See the top 10 lots from ...
Tags: jewelry market, Christie's Sale
The seaborne iron ore market ended a brief two days of gains Thursday as buying activity failed to hold up. Platts assessed the 62% Fe Iron Ore Index at $103.25/dry mt CFR North China Thursday, down 75 cents/dmt on the day. Despite spot ...
Tags: Iron Ore Market, Iron Ore
According to Reuters, Mexican paint company Consorcio Comex said on Wednesday it was suing Sherwin-Williams over the U.S. paint maker's failed attempt to acquire it, arguing that the U.S. company had not tried hard enough to honor a deal ...
Tags: Construction, Decoration
US ethanol stocks for the week ended May 9 firmed 162,000 barrels to 17.302 million barrels on higher production and imports, Energy Information Administration data showed Wednesday. Production in the week rose 28,000 b/d to 922,000 b/d ...
Tags: ethanol stocks, ethanol
Ethylene flow rates on the Evangeline Pipeline are likely to improve in the coming week, trade sources said Wednesday. Flows on the pipeline, which moves ethylene from Texas into Louisiana, restarted May 8, sources said, after it had been ...
Algerian oil production in April averaged some 1.2 million b/d, in line with the country's obligations under OPEC's current production ceiling, a senior official at state-owned Sonatrach said Wednesday. Speaking on the sidelines of an ...
Tags: Oil Production, OPEC
South Korea's state-owned Korea Gas Corp imported 12.61 million mt of LNG in the first quarter, up 0.5% from 12.55 million mt a year earlier, the company said in a statement Wednesday. All of the volumes were imported under long-term ...
Tags: LNG Imports, LNG
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
The London daily silver fixing process will cease to be operated by the current company, The London Silver Market Fixing Limited, as of August 14, it said in a statement Wednesday. The statement said that until August 14, "Deutsche Bank, ...
Intertek, a leading quality solutions provider to industries worldwide, announces the launch of Indati, the first-ever mobile textile testing lab. Intertek developed Indati: The Lab on Wheels to help manufacturers meet ever-increasing ...
Molybdenum oxide and European ferromolybdenum soared higher Thursday as sources said the market was being driven by extreme tightness for oxide powder. The Platts daily dealer molybdenum oxide assessment climbed to $13.70-14.20/lb on ...
Tags: Molybdenum oxide, ferromolybdenum