The European MTBE factor reached its highest level in eleven months Tuesday supported by ongoing demand for exports, according to market sources. The factor was calculated at 1.204, with MTBE FOB ARA at $1,147/mt versus Ebob gasoline at ...
Tags: MTBE Exports, Chemicals
Stocks of gasoline in the US West Coast region fell for the second consecutive week and the fifth week in the past six, dropping 620,000 barrels to 32.052 million barrels in the week ended Friday, data released Wednesday by the US Energy ...
A key gauge of China’s manufacturing activity fell again in February as companies are becoming increasingly cautious about future business conditions amid sluggish demand both at home and abroad. The official Purchasing ...
Tags: PMI, manufacturing activity
In February this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 39.9 percent, down by 0.8 percentage points as compared to January, falling to the lowest level since September 2012, as announced by the China ...
Tags: Steel Sector, Mineral
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
The net volume of gas imported into the UK outstripped domestic production in 2013 for the first time ever, the Department of Energy and Climate Change said Thursday. "Imports of gas again exceeded UK production, and in 2013 for the first ...
Tags: Gas Imports, Domestic Output
The front-month Brent-WTI spread settled at a fresh five-month low of $6.48/barrel Friday, as steady drawdowns in crude stocks at the Cushing, Oklahoma, delivery hub have lent upside support to WTI, while Brent remains subdued. NYMEX ...
Tags: crude, Brent futures
A small band of upstarts is chipping away at Google's mighty Android, hoping one day to overthrow the system that runs eight in 10 smartphones sold worldwide. Mozilla's Firefox OS and the Samsung-promoted Tizen staked a small claim to the ...
Tags: smart watches, Google's popular platform, smart devices
Natural-gas prices fell 17% since Monday, the largest two-day drop in the market more than six years, as investors continued to take profits from last week's rally. Futures for March delivery settled down 34.9 cents, or 6.4%, at $5.096 a ...
Tags: Natural-Gas, Mineral
Central Appalachian thermal coal prices closed mixed in the session, with only two trades seen Monday. A CAPP barge time spread was seen trading in the late morning, while a CAPP rail (CSX) quarterly swap went through after the 4 pm EST ...
Tags: CAPP Coal, Low Volume Session
Existing home sales declined 5.1% in January to the lowest level since July 2012, the National Association of Realtors said Feb. 21. Sales fell to an annual rate of 4.62 million. The January level was lower than economists’ median ...
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
Oil futures settled higher Monday on support from firm US equities, geopolitical tensions and an easing of Libyan oil output, but the upside was limited by weak Chinese and eurozone data. NYMEX April crude settled 62 cents higher at ...
Tags: Oil Futures, oil output
Railcar manufacturer FreightCar America estimates there were 16,500 coal cars in storage at the end of 2013, the lowest level since early 2012, the company said Wednesday. Reporting its quarterly earnings, the Chicago-based company said ...
Tags: Railcar, Coal Car Storage
In January this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 40.7 percent, down sharply by seven percentage points as compared to December last year, remaining below 50 for the fifth consecutive month and ...
Tags: Steel Sector, Mineral