The World Gold Council will host a "discussion forum" starting July 7 regarding the future of the London gold pricing mechanism, the industry body said Wednesday. "The first meeting will be held July 7 in London. The Financial Conduct ...
Tags: London Gold Fix, Gold
Prices of most of the 12 copper futures on the Shanghai Futures Exchange Friday fell week on week in thinner volumes as market participants adopted a cautious approach following news that Qingdao port had halted shipments of aluminum and ...
Tags: Copper Futures, Qingdao Port
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
Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
Global aluminum producer Alcoa has offered third-quarter term shipments at a $408/mt premium to London Metal Exchange cash, CIF Japan, Japanese buyers said Thursday. The premium is for primary aluminum ingot to be shipped to Japanese main ...
Tags: aluminum, Japanese market
The increasing demand for affordable housing, robust infrastructure, and other public amenities among the younger generation is fuelling the market for paints and coatings in Egypt. Nearly 65 per cent of Egypt's population is in the 15 to ...
Tags: Paints, Coatings Market
The global market for acrylic acid is expected to reach $22.78 billion by 2020, according to a new study by Grand View Research, Inc. Increasing adoption of super absorbent polymers in emerging economies such as India, China and Brazil is ...
Tags: Acrylic Acid, global market
In the January-April period this year, Ukraine exported 238,100 mt of ferrous scrap metal worth a total of $75.2 million, while it had not exported any ferrous scrap in the same period of the previous year, according to Ukraine's Ministry ...
Tags: ferrous scrap, ferrous metal
Northern California ethanol prices for prompt delivery soared to a five-week high Wednesday as two aggressive buyers entered the market short on product, sources said. Platts' Northern California rail car ethanol for prompt delivery was ...
The May US contract price for acetone settled 1 cent ($22.05/mt) lower at 66.25 cents/lb ($1,460.55/mt), sources said Tuesday. There were expectations amongst market participants for the settlement to decline despite snug supply, because ...
Tags: acetone, co-product of acetone
As of May 26, inventory of iron ore at 33 major Chinese ports amounted to 114.82 million mt, up 1.95 million mt or 1.73 percent compared to the inventory level recorded on May 19, as announced by China's Xinhua News Agency. As of the same ...
Tags: Iron Ore, Chinese Ports
The seaborne iron ore cended a two-day rally and dipped again Friday, tracking a withdrawal in buying activity as the fast spike and current supply glut hit spot purchasing. Platts assessed the 62% Fe IODEX at $98.75/dmt CFR North China, ...
Tags: Iron Ore, Seaborne Seaborne
Vancouver-based Methanex has cut its June contracts in the US by 10 cents to $1.60/gal FOB US Gulf, the company said Friday. The decrease marks the third straight month of 10-cent declines. After discounts and rebates that average 13%, ...
Northwest European styrene monomer prices fell $91.50/mt or 5.5% from the start of May to close Thursday at a one-year low of $1,553.50/mt FOB ARA, Platts data showed. The last time it was lower was April 23, 2013 at $1,544.50/mt FOB ARA. ...
Tags: Styrene, polystyrene
PVC market prices across Asia are expected to rise as of June offers on reduced market supply from Taiwan, Japan and India, market sources at the Asia Petrochemical Industry Conference in Pattaya said Thursday. Market participants said ...
Tags: PVC Prices, VCM Shortages