Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
The US styrene-benzene spread narrowed as it remained below $200/mt, assessed at $161.07/mt Tuesday, down $19.52 on the week, according to Platts data. The spread has been below $200/mt for the majority of November, assessed above $200/mt ...
Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
UK day-ahead power prices fell sharply Tuesday, extending Monday's losses as steady demand amid mild weather conditions and stable wind power forecasts weakened the prompt market. Baseload power for Wednesday delivery was last heard ...
Tags: power prices, fuel, Didcot B gas
Colombia in January will begin importing 39 MMcf/d of natural gas from neighboring Venezuela to meet domestic needs, ending decades of natural gas self sufficiency, the head of Ecopetrol said Monday. The country is negotiating to increase ...
Tags: natural gas, crude
The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...
Tags: Dubai crude, gasoline, sour crude
Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...
Tags: auto market, SUVs
China's crude stocks continued to grow for the fifth straight month in October, despite a month-on-month drop in net imports, output and slight rise in throughput, Platts calculations based on recently released official data showed. Crude ...
Tags: crude stock, crude oil
Motion controllers are the devices that control all kinds of motor-driven actuators to follow the predetermined trajectory, and they find key application in machine tool, textile machinery, plastic machinery, printing machinery, packaging ...
Tags: Motion Controller, plastic machinery, printing machinery
Dwindling profits in the LED package market has made market competitions far more ferocious, and has even affected phosphor, a key LED material. Whether it is the highly mature yellow powder or the maturing green and red phosphor, ...
Tags: Bree Optronics, LED phosphor, Chinese Market
Platts assessed spot premiums for aluminum imports into Japan at $85-$90/mt plus London Metal Exchange cash CIF Japan Monday, flat since October 27, amid talks of offers available at $80/mt heard in the market. Two Asian traders said they ...
Tags: aluminum, aluminum imports
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
Nasdaq Commodities, the Oslo-based operator of the Nordic power derivatives market, said Tuesday that the positive momentum for its German power offering continued with a new monthly record in October. Total traded and cleared volumes for ...
Apple has placed LCD driver IC orders for its 2016 series of iPhones with Synaptics, indicating its in-house developed touch and display driver integration (TDDI) single-chip solutions will not be ready, according to industry sources. The ...
Tags: Apple, display, driver IC, iPhone, LCD driver
Two new LED market surveys reveal the growing importance of Chinese suppliers to the world market and the significant growth forecast for LED multifaceted reflector lamps. Firstly, China’s significant investment in its LED ...
Tags: LED industry, MR Lamp, worldwide market