Scarcity of feedstock acetic acid is making it difficult for European ethyl acetate producers to ramp up production and take advantage of spot prices at a three-year high, sources said Tuesday. Spot etac is trading at around ...
Tags: Etac Producers, acetic acid
Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
China's coastal coal freight rates are showing signs of stabilizing this week, after falling for three months amid lackluster shipping demand from utilities. As of June 18, the shipping rate for vessels of 50,000-60,000 dwt from ...
Tags: Fenwei Energy, Freight Rates
The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
China Shenhua Energy, the listed subsidiary of the Shenhua Group, produced 25.2 million mt of commercial coal in May, down 5.6% from a year ago but up 4.1% from April, the company said late Tuesday. The company's coal sales stood at ...
Tags: Commercial Coal, Coal Sales
Retail footfall in May was 0.2% down on a year ago, marginally down on the 0.1% fall in April and below the three-month average of a 0.6% increase, reports the latest BRC/Springboard Retail Footfall Monitor. The report found that footfall ...
Tags: Furniture, Furnishing, Home Products
On June 13, the Indian industry body ASSOCHAM called on the Indian Minister for Commerce and Industry Nirmala Sitharaman and submitted a memorandum, strongly suggesting the imposition of a 30 percent export duty on iron ore pellets in the ...
Tags: Iron Ore Pellets, steel capacity
According to Statistics Canada, Canadian industries operated at 82.5 percent of their production capacity in the first quarter, up slightly from 82.2 percent in the fourth quarter of 2013. The mining and oil and gas extraction industries ...
Tags: Mining, transportation equipment
The 2014/15 U.S. cotton projections show higher production and ending stocks compared to last month. Projected abandonment in the Southwest has been reduced due to recent favorable rainfall, resulting in a production increase of 500,000 ...
UK retail sales were up 0.5% on a like-for-like basis from May 2013, when they had increased 1.8% on the preceding year. On a total basis, sales were up 2.0%, against a 3.4% rise in May 2013. Clothing was the best performing category, ...
Tags: Clothing, UK retail sales
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
As of June 9, inventory of iron ore at 33 major Chinese ports amounted to 114.71 million mt, down 0.48 million mt or 0.42 percent compared to the inventory level recorded on June 2, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, Chinese Ports
According to the preliminary data released by Statistics South Africa (SSA), in April this year South Africa's manufacturing output decreased by 1.5 percent compared to the same month of 2013. The main reasons for the decrease included the ...
Tags: Iron, Steel Output
In the first five months this year, motor vehicle sales in Turkey totaled 241,250 units, decreasing by 25 percent year on year, according to the Turkish Automotive Manufacturers Association (OSD). Meanwhile, in May of the current year motor ...
Tags: Motor Vehicle, passenger car
In May of the current year, new motor vehicle registrations (including automobiles and commercial vehicles) in the German market totaled 302,780 units, up 0.71 month on month and increasing by 6.09 percent year on year, according to the ...
Tags: Motor Vehicle, commercial vehicles