Brazilian ethanol exports to US plunged in September to 139.4 million liters (37 million gallons), down 51% from August's 2013 peak and down 53% on September 2012, Secretariat of Foreign Trade data Tuesday showed. The volume sent to the ...
US spot styrene dropped 1 cent/lb ($22/mt) from Friday to be assessed at 73 cents/lb ($1,609/mt) FOB US Gulf Coast Monday, tracking lower European spot styrene as well as lower feedstock benzene. The assessment was at its lowest level ...
Tags: spot styrene, Chemicals
US spot toluene prices reached a near three-month low assessment Thursday at $3.75/gal ($1,140/mt) FOB US Gulf Coast. Spot prices were last seen at this level on July 9, according to Platts data. Sources said the downward pressure on ...
Tags: Chemicals, spot toluene
Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...
In an interview with Computing following his presentation at the Data Centre Summit 2013 today (picture), Robert Bath, VP of engineering at major data centre wholesaler Digital Realty explained that that changes in data centres - ...
Tags: Computer Products, software
The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
The April switch in the NYMEX basis for distillates to ULSD from heating oil has led to decreased volatility in the Gulf Coast ULSD differential, the most liquid product Platts assesses in the Americas. The specification for the NYMEX ...
Tags: Metallurgy, Mineral, Energy
The Asian naphtha market may firm going into the last two months of this year on curtailed arbitrage flows which will likely tighten supply balances and year-end demand mopping up excess naphtha supply from the higher arbitrage arrivals in ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Morrisons' half-year results delivered another disappointing read, concluded Shore Capital, which nevertheless upgraded its share advice from 'sell' to 'hold'. Morrsions' half-year results divided City opinion Analysts Darren Shirley ...
Tags: Agriculture, Food
Taiwan's Formosa Chemical and Fiber Corp is maintaining run rates at its three aromatics plants at 90-100% of capacity despite paraxylene production margins remaining poor, a company source said last Friday. The price spread between Asian ...
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
The Asian toluene market led a price surge in most Asian aromatic products early Wednesday, driven by crude oil futures rising on geopolitical tensions in Syria. Front-month ICE Brent crude futures hit a six-month high Wednesday, with ...
The premium of front-month naphtha CFR Japan cargo to CIF Northwest Europe cargoes -- the east/west -- has fallen to $11/mt down $13/mt over the last six weeks, putting pressure on the arbitrage from Europe to Asia, market sources said ...
Tags: Naphtha Premium, Mineral
Ravi Sethi of ProcurianRaw material costs as a percentage of plastic packaging costs have been on a steady rise due to the long-term appreciation in crude oil prices, a key ingredient for resins. Crude oil prices have increased five-fold ...
The US-Asia isomer-grade mixed xylenes arbitrage has shut on paper after being open for about a month, hit by higher US prices overnight Tuesday, Platts data showed Wednesday. Asian isomer-MX CFR Taiwan was assessed at $1,297/mt Tuesday, ...
Tags: Chemicals