Significant decreases of futures contracts of cotton traded at ICE Futures have been concerning Brazilian sellers. The lower interest from China and expectations of a higher supply in Brazil as well as in the United States have been ...
The US posted a second consecutive year of record oil production growth in 2013 with its surging shale industry balancing out supply disruptions to underpin an unprecedented period of stable global oil prices, BP said Monday. US output ...
Tags: oil production, oil supply
Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
Russian aluminum producer Rusal said Monday that it is bullish on the near term prospects for the aluminium market and believes that the price is undervalued. "A number of influential factors that have emerged in recent weeks cause the ...
Tags: Aluminum Market, raw materials
Following two consecutive monthly declines, the total value of building permits issued by Canadian municipalities rose 1.1 percent to $6.0 billion in April, according to Statistics Canada. This increase resulted from higher construction ...
Tags: Construction, Decoration
Helen Dickinson, British Retail Consortium Director General, said, “May has seen shop price deflation remain unchanged at 1.4 per cent, the thirteenth consecutive month of deflation." Highlights: -Thirteenth consecutive month ...
Tags: Clothing, Helen Dickinson
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
In May this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 46.4 percent, down by 6.2 percentage points as compared to April, falling below 50 percent again, as announced by the China Steel Logistics ...
Tags: Steel Sector
Import iron ore prices in China have undergone two rounds of declines so far in the current year, China's National Development and Reform Commission (NDRC) said in a statement issued on May 28. By March 10, import iron ore prices in China ...
US net natural gas imports fell 14% last year to 1,311 Bcf, the lowest level since 1989, as US production likely set a new record, the Energy Information Administration said Wednesday. The agency said total imports in 2013 fell 8% to ...
Tags: natural gas, Pipeline
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 spot price of uranium was about $28.25/lb Tuesday, unchanged from May 20, according to price publishing services. "Prices have leveled off, rather than heading down almost every day, as was the case" near the end of the week ended May ...
Tags: Uranium, uranium prices
US methanol contract prices are expected to drop sharply for June following rapidly declining spot prices in recent months, sources said Thursday. June contract announcements from Methanex and Southern Chemical Corp. were expected to be ...
Tags: Methanol, methanol contract
Benzene production margins in Europe have sunk to their lowest level in the past six months following a continuous drop in spot benzene prices over the last four weeks, Platts data showed. Benzene's premium to naphtha dropped to ...
Tags: Benzene, Benzene production
US over-the-counter coal prices closed mixed on Tuesday, with only a handful of trades seen across the Central Appalachian and Powder River Basin coal markets. CSX physical June traded at $60.25/st for one train twice. The price was ...
Tags: Coal Prices, CSX physical