Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
European central banks have agreed on a new Central Bank Gold Agreement, now the fourth time an agreement has been reached, the World Gold Council said Monday. "The agreement marks a continued commitment from some of the world's largest ...
Tags: Gold, gold sales
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
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
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, ...
US May propylene contract price settlements fully settled at a 0.5 cent/lb ($11/mt) decrease compared with April's contract price, sources said Monday. The decrease puts prices for chemical-grade propylene at 69 cents/lb and polymer-grade ...
European fuel-grade ethanol prices have become less vulnerable to near-term declines as future prices are now high enough to encourage sellers to hold on to stock rather than selling it promptly, according to trading sources. Wholesale ...
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
China's latest five-year plan promises to shift the economy from its dependence on exports toward domestic consumption as an engine of growth. The key to achieving this will be for the nation to enhance the ability of its economy to ...
Tags: Innovation, China, Focus Vision, China Culture
The Australian Competition and Consumer Commission (ACCC) has instituted proceedings in the Federal Court of Australia against Coles Supermarkets Australia Pty Ltd and Grocery Holdings Pty Ltd (together, Coles) alleging that Coles engaged ...
Tags: ACCC, Certification, Service, Logistics
The May US mixed xylene contract price settled down 4 cents to $3.50/gal ($1,060.50/mt), industry sources said Tuesday. A lower settlement was anticipated by market participants due to quiet demand in downstream markets and from the Asian ...
Rates and sentiment on the iron ore freight market got a boost Friday after Bocimar International NV was heard taking at least six ships in the Atlantic over the May Day holiday in Asia, putting an end to the downward spiral in Capesize ...
Tags: Iron Ore, freight market
The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals
Global high barrier packaging film consumption is at approximately 1.76 million tonnes in 2014 with a value of $15.9 billion. This is forecast to grow at a CAGR of 5.0% between 2014 and 2019 according to a new market report by Smithers ...
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