The nitration grade toluene's discount to TDI quality material has widened once again in Europe, as interest from gasoline blenders and traders, who could work the arbitrage into the US, is receding, according to industry sources. The TDI ...
Tags: TDI quality material
Record-high styrene prices in Asia are likely to begin attracting regular US export deliveries away from Europe, where demand has been cooling, European sources said this week. Rising prices in Asia mean that the region has now overtaken ...
Tags: Record-high styrene, Chemicals
China imported 275,337 mt of methanol in June, 40% less than it did in May, data released by the General Administration of Customs on Tuesday showed. The fall can be explained by the high domestic methanol production in the country. Over ...
China's thermal coal imports in June fell 24% on the month to 9.75 million mt, the country's lowest monthly intake since February when imports were severely impacted by the Lunar New Year holiday, according to China customs data released ...
Tags: Thermal Coal, Chemicals
Shell Chemical nominated its August US butadiene contract price down 25 cents/lb ($551/mt) from July to 41 cents/lb ($904/mt), sources said Monday. Shell Chemical could not be reached immediately to confirm the nomination. Market ...
The arbitrage window for toluene from Asia to the US was open on paper Tuesday, the FOB US Gulf price assessed at 375 cents/gallon or $1,140/mt overnight, up 12 cents/gallon from Monday amid stronger demand. Meanwhile, FOB Korea toluene ...
Tags: Metallurgy, Mineral, Energy, oil
The backwardation between FOB Amsterdam, Rotterdam Eurobob gasoline barges and the August FOB Rotterdam Eurobob swap was assessed at $21/mt Monday, the widest since November 22, 2012, Platts data shows, tracking RBOB futures, sources said. ...
Tags: Gasoline Prompt, Chemicals
China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Metallurgy, Mineral, Energy
The benzene price in the European spot market sank to a 13-week low Thursday after a week of a sharp -- around $100/mt -- downward correction. Barges for the delivery in ARA region 3-30 days forward were assessed at $1,238/mt at ...
China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Iranian LPG, Chemicals
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
The US residual fuel oil hi-lo, the spread between Atlantic Coast 1.0%S and Gulf Coast 3.0%S, contracted 35 cents on Tuesday, clawing back the increase of Monday, as weak global demand continues to keep US fuel oil values relatively weak. ...
Tags: fuel oil, Metallurgy, Mineral, Energy
The Platts July Japan Korea Marker was assessed at $14.675/MMBtu Friday, gaining $0.125 from the previous Friday's $14.55/MMBtu, as buyers waded back out into the market for summer cargoes. Despite expectations that the lifting of the ...
Gasoil volumes from Northwest Europe have been heading to the Red Sea, rather than from the traditional supply region of Asia, to meet rising demand for power generation in the Middle East, ahead of the Muslim holy month of Ramadan, driven ...
Tags: Gasoil Volumes, Power Generator
US spot styrene rose 0.55 cent/lb ($12.12/mt) to 74.25 cents/lb ($1,636.91/mt) FOB US Gulf Coast on Monday for its highest assessment in three months as it tracked gains elsewhere in the world. The assessment was the highest since March ...
Tags: Spot Styrene, Chemicals