The April US contract price for acetone settled 1.25 cents ($27.56/mt) lower at 67.25 cents/lb ($1,482.59/mt), sources said Monday. Market participants expected the contract to decrease, but anticipated a 2-3 cents decline because of slow ...
Tags: spot acetone, acetone
The Asian naphtha industry agreed Thursday that carbon disulfide, or CS2, levels in the light distillate have to be reported for cargoes originating from Sikka, India, and those from Western arbitrage flows into the region. Currently, ...
Tags: Naphtha Industry, Carbon Disulfide
Initial nominations for US polymer-grade and chemical-grade May propylene contract prices are calling for a rollover at 71 cents/lb and 69.50 cents/lb, respectively, sources said Friday. ExxonMobil Chemical is the only producer with ...
Tags: Propylene, chemical-grade
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
The demand for radiation cured products (RCP) is mainly prompted by growing demand for environment friendly applications and the growing wood coatings market. Asia Pacific dominates the global market for radiation cured products. This ...
Tags: Construction, Chemicals
The US spot benzene assessment reached its lowest level in nearly five months Tuesday at $4.45/gal ($1,331.89/mt) FOB USG for April. Spot pricing was last seen at this level November 26, Platts data showed. US spot benzene has been on a ...
Tags: Spot Benzene, Benzene
The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...
Tags: Iron Ore, Interest Resurfaces, spot market
Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...
Tags: Iron Ore, freight rates, miner
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 ...
Molybdenum oxide prices jumped above $12/lb in warehouse Rotterdam Thursday as buyers were forced to accept higher prices in order to secure stock as fewer firm offers were made. However, lower prices were heard in Asia and Platts daily ...
Tags: Molybdenum, oxide, oxide powder
While the Chinese government has committed to eliminating 80 million mt/year of steel capacity nationwide by 2017, the reduction will be gradual which will see demand for raw material ferrosilicon remain steady in 2014 as compared with ...
Tags: Steel Output, Ferrosilicon
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
The first shipment of iron ore from Goa has made its way onto the spot market Tuesday, weeks after the February 17 auction held by the Indian state, following an extended ban on ore exports. Singapore-based trader Unicore Resources ...
Tags: Iron Ore, Goa's mines