The recently announced 400 billion-dollar gas deal between Russia and China will not affect gas deliveries to the EU, the International Energy Agency (IEA) said Thursday. "The gas that has been determined for export to China would have ...
Tags: EU Supplies, Gas
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%, ...
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
Vehicle fleet provider BT Fleet has expanded its vehicle fleet contract with the UK-based integrated energy company EDF Energy for an additional five years. Under the deal, BT Fleet will be responsible for handling EDF's fleet of 1,000 ...
Tags: Vehicle Fleet, BT Fleet
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
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
China's gold demand fell 18 percent in the first quarter as investors bought fewer bars and coins, offsetting record interest in jewelry, the World Gold Council said. Purchases declined to 263.2 metric tons in the three months ending ...
Tags: Gold Demand, jewelry consumption
US commercial crude stocks fell 10.3 million barrels to 390.69 million barrels for the reporting week ended May 16, American Petroleum Institute data showed Tuesday. The draw is far larger than analysts had expected. A Platts survey of ...
Tags: Crude Stocks, NYMEX crude
An award-winning multipurpose office chair, designed to meet both functional and ergonomic demands, is the latest addition to the Innovation Showcase at a world-leading furniture technology centre. The Senator Ad-Lib office chair, ...
Tags: Furniture, Furnishing, Office Chair, Chair
Shortages of natural resources and raw materials can make prices fluctuate substantially and even bring electronics manufacturing to a screeching halt. Proper planning is critical to staying ahead of the potential shortages. Bindiya ...
Tags: Raw Materials, natural resources
Samuel Adams announced it will host small business Speed Coaching in San Francisco on Monday, May 19th as part of Samuel Adams Brewing the American Dream, a micro-lending and coaching program for small business owners working in food, ...
Tags: Samuel Adams, micro-lending
US-based electric vehicle manufacturer VIA Motors has acquired an electric vehicle design, engineering and prototyping company, the Prodigy Engineering for an undisclosed sum. The transaction will provide the manufacturer with access to ...
Tags: electric vehicle, VIA Motors
Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers, has announced that in the first quarter of the current year it achieved consolidated sales of €782 million, falling 2.1 percent compared to ...
Tags: Bekaert, steel cord
MEGlobal has rolled over its June North American benchmark for monoethylene glycol at 51 cents/lb, multiple market sources said Friday. The company said earlier this week that its June Asia contract price would decline $20 to $1,080/mt ...
Tags: PET makers, DEG prices