Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot
The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
Traders are looking to send about 4,000 mt of Mexico-origin ethylene to Asia for mid-April loading to take advantage of higher prices than in the weak European market, sources said Thursday. But they said the possibility of such a trade ...
Tags: ethylene, European market
Toluene hydro-dealkylation units in Europe are maximizing their run rates amid continuous strength in the benzene market, leading to a renewed interest in incremental toluene, according to sources. This has already triggered some spot ...
Tags: Benzene, Toluene, hydro-dealkylation
News on higher than expected support for farmers in Xinjiang, sales from the Chinese National Reserve at attractive prices, slightly decreasing US-exports as well as considerably lower prices for the competing fibre polyester have ...
Tags: CIF Bremen, textile industry
US Powder River Basin 8,800-Btu/lb thermal coal for May delivery closed 20 cents higher at $13.05/st on Wednesday, the highest level for the front month since November 23, 2011, when the price closed at $13.75/st. PRB 8,800 physical May ...
Tags: thermal coal, coal production, PRB basin
The North Sea spot butane market has been inactive due to a combination of thin demand and limited availability, according to industry sources. North Sea butane is used in Northwest Europe either by the gasoline related sector in the ...
Tags: Butane Market, butane, mixed butane
Ferromolybdenum prices struggled to keep pace with rising molybdenum oxide prices as the market remained cautiously optimistic, sources said Tuesday. Platts assessed its daily dealer molybdenum oxide price at $11.50-11.70/lb, up from ...
Tags: Ferromolybdenum, Oxide Powder
Russian AK5M2 secondary aluminum feedstock prices remained under downward pressure for a second week from weak export demand, Japanese buyers said Tuesday. Several Russian producers Tuesday offered $1,940/mt CIF Japan for AK5M2 feedstock ...
Tags: Aluminum Prices, Japanese Demand
US over-the-counter thermal coal prices changed little Thursday, as competing natural gas futures got a boost from end-of-season gas storage stocks falling to 822 Bcf, a level not seen since 2003. The increased consumption of gas this ...
Tags: natural gas, gas, Metallurgy, Mineral, Coal
The US hot-rolled coil market continues to be supported by limited Midwest supply, while cold-rolled coil import offers for May were heard to be lower. On the domestic front, most buyers expect another round of price increases following ...
Tags: HRC, hot-rolled coil, Construction, Decoration, coil
Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market
The Northwest European April benzene contract price has been fully settled at Eur1,019/mt or $1,402/mt CIF ARA, market sources said Tuesday. The settlement represents an increase of Eur16/mt and $32/mt from the March contract price of ...
Tags: benzene, spot prices
US miner Drummond restarted coal loadings from its Colombian export terminal late Monday after its environmental restrictions were lifted following a three-month export ban, the company said in a statement. The miner's Colombian ...
Tags: Export Terminal, US miner, Coal Loadings
Traders are considering sending European ethylene cargoes to Asia for late May delivery amid weak European prices, sources said Thursday. Market participants said they have been approached by several traders with selling indications ...