China's largest coal producer Shenhua Group is trying to persuade traders and utilities to buy more coal in a bid to reduce inventories at ports as relatively high stocks at utilities and robust hydropower production continue to weigh on ...
Tags: Coal Stocks, China's Shenhua
Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
Culinary Software Services, the leading provider of back-of-the-house technology for the foodservice industry, announced that "ChefTec xt3 Software" is now available to customers. The new version of the award-winning foodservice software ...
Tags: foodservice industry
European refining margins have recovered from their lows of last month, driven by a pick-up in products markets, especially jet fuel and gasoline, following run cuts throughout the region, according to traders. "Demand for products ...
Tags: Gasoline, pick-up in products, jet fuel
Turkey continues to take steps toward increasing its own security of supply, as energy use is expected to double by 2023, triggering a requirement for around 100 GW of capacity, although market participants said the current "crisis" in the ...
Tags: Gas Market, Gas plant
US chlor-alkali facilities operated at 86% capacity in May, according to data released Friday by the Chlorine Institute, the highest effective operating rate since the 87% seen in May 2013. May 2014's operating rate represented a ...
Tags: Chlor-Alkali, liquid sodium
Northwest European dioctyl phthalate (DOP) spot prices have fallen below feedstock 2-ethylhexanol (2-EH) prices for the first time since January 19, 2012, according to Platts data. DOP spot prices were assessed at Eur1,360/mt FD NWE on ...
Tags: dioctyl phthalate, DOP
The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
More chipset suppliers are likely to tie up with Taiwan-based IC design houses in order to tap retail channels as well as to expand their ecosystem in China, according to industry sources. Microchip Technology announced a deal in late ...
Tags: Chipset, Microchip Technology
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
Spot prices of South African 42-44% chrome ore, known as UG2 (upper group 2), have risen by 10-20% from March as platinum mine strike continues, producer and trade sources said Friday. UG2, a byproduct of platinum, was heard trading at ...
Tags: Chrome Ore, platinum byproduct
Midweek buying by speculators and some commercial customers helped rhodium recover from a selloff early in the week, leaving price levels virtually unchanged week on week Friday. The Platts New York Dealer rhodium price range narrowed to ...
Tags: Rhodium Price, PGM refiner
European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices