The Platts JKM for January was down 10 cents over the course of the week to $7.475/MMBtu on Friday, after rolling to become the new front month on Monday, November 16. Buying sentiment for the month continued to soften, with limited ...
Tags: Curtis LNG
Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...
Tags: Ferrous Scrap, Rebar
The diamond’s original name, the “Blue Moon,” came after the expression “Once in a blue moon,” Sotheby’s said. Click here to see a larger image of the Blue Moon of Josephine. Geneva--World auction ...
Tags: Blue Diamond, colored diamond, Blue Moon
The 16.08-carat, VVS2 clarity diamond is the largest cushion-shaped fancy vivid pink ever to be offered at auction. It brought in $1.8 million per carat. Geneva--A new world auction record for a vivid pink diamond was set overseas on ...
Tags: diamond, colored gemstones, natural pearls
Appropriately themed “Envision the future of lights” after its mission, the 20th edition of the Guangzhou International Lighting Exhibition had participants sharing inspirational ideas and innovative technologies. Dialogue of ...
Swiss chocolate manufacturer Barry Callebaut has acquired Nyonkopa Cocoa Buying Company Limited in Ghana. Nyonkopa will be incorporated into the Biolands Group, which is Barry Callebaut's direct sourcing organization. Nyonkopa Cocoa ...
Tags: Barry Callebaut, Nyonkopa, Cocoa
India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
Over the years, the role of Asia in the global economy has been continuously increasing in its importance, corresponding to the as in the saying that “Asia is the breadbasket of the world.” The value of exports and imports by ...
Tags: LED lighting, Solar energy
Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...
Tags: Samarco, iron ore miner, coals
Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
ExxonMobil Chemical has delayed a 5 cents/lb November polyethylene increase for buyers in the US and Canada, multiple market sources said Monday. A buyer source said ExxonMobil would attempt to implement the 5 cents/lb increase in ...
Tags: Exxonmobil, Polyethylene, Sources
* Stocks climb at EMO Dry Bulk Terminal and OBA Bulk Amsterdam * Low Rhine river levels impact barging from ARA ports Four delivery terminals in Northwest Europe's Amsterdam-Rotterdam-Antwerp trading hub had combined coal stocks of ...
Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid weak local refinery uptake of the grade, sources said. Dated Brent fell to Forward Dated Brent minus 51 cents/b Monday, ...
Tags: Dated Brent, refiners, crudes
US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
Hamleys’ French owner Ludendo is now in advanced negotiations to sell the business, talks that are now expected to end in a purchase within the next few weeks. The sale of iconic toy store Hamleys sale to a Chinese buyer is likely ...
Tags: Hamleys Sale, iconic toy store