Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...
Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
Q4 2014 Central Appalachian rail (CSX) and Powder River Basin 8,800-Btu/lb coal time spreads saw action Thursday in the US over-the-counter market, pushing prices higher. In the PRB 8,800 market, the Q4 2014 physical price closed 30 ...
Tags: Coal Prices, physical price
European polypropylene and polyethylene producers are targeting a May contract price increase because of low stock availability and seasonal demand, sources said. PE producers were aiming for increases of Eur20-60/mt ($28-83/mt) and PP ...
Tags: Polyolefin, PE, ethylene CP
The CIF Bremen index remained stable recording only slight fluctuations since the last report. Thus, it reflected the firm quotations for promptly available shipments. The negotiations on prices between trade and industry often did not ...
Tags: CIF Bremen Cotton, Cotton Index
Cold-rolled coil pricing increased in the US on Tuesday as buyers and sellers reported higher offers and transactions. "I have not heard of anyone quoting below $800/st for CRC and more have been between $810-820/st. Everything that I am ...
Tags: CRC Prices, cold-rolled
A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
Coal stocks at ports in the Amsterdam-Rotterdam-Antwerp region have firmed to their highest levels this year at around 6 million mt, according to data collected from port sources Monday. Sources said coal stocks at EMO Dry Bulk Terminal ...
Tags: Coal Stocks, Drummond's exports
Molybdenum oxide prices were fairly stable Friday with prices moving up 5 cents from the bottom of Platts' range, however, reported business continued to remain wide. Platts assessed its daily dealer molybdenum oxide price at ...
Tags: Molybdenum Oxide, oxide powder
Southeast Asian ethanol producers face a short window for exporting biofuel to the Philippines as the previously high US prices that created an arbitrage for them in February and March are expected to fall, ethanol traders said Monday. ...
Tags: Ethanol, ethanol prices
Yang Jiasheng, chairman of the Metallurgical Mines' Association of China (MMAC), stated at SteelHome's 10th Steel Development Strategy Conference held in Shanghai at the weekend that China's demand for iron ore has entered a period of ...
Tags: Metallurgy, Mineral, Iron Ore
The rail-delivered (CSX) Central Appalachian thermal coal spot price followed the European market lower Friday, while the Cal 2015 swap was seen trading in large volume after the 2:30 pm EDT Market-on-Close. CSX physical May closed lower ...
Tags: Coal, Spot Price, European market
The Northwest European styrene monomer/benzene spread rallied to a month-high Tuesday of $203/mt on stronger styrene, rebounding from a one-year low of $148/mt established April 4 but still representing deeply negative production margins, ...
Tags: Styrene, spot product
The CIF Northwest Europe naphtha cargo physical premium over the balance-month and the front-month swaps fell Tuesday to respectively $2.25/mt and $13.75/mt, their lowest level in April, according to Platts data. On April 2, the physical ...
An initial Northwest European paraxylene contract price for April has settled at Eur925/mt FD NWE ($1,277.62/mt), market sources said Tuesday. The initial April settlement represents an increase of Eur25/mt from March, with the March ...
Tags: paraxylene, European market, PX market