Supply offers nation more import sources, enhances energy security Energy-rich Russia has started delivering crude oil to China as of the beginning of the year after the contract signed between the two countries last June, which will ...
Tags: Oil, energy security
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
US sheet steel prices are turning lower, sources said Thursday, due to a combination of lackluster demand, import concerns, and a slight weakening of discipline at the mill level. Platts lowered its hot-rolled coil assessment from ...
Tags: Steel Sheet, Weak Demand
The Melbourne Port Capacity Project has reached another significant milestone with the appointment of the maritime works contractor for a package of works at the Port of Melbourne worth around $400 million. Minister for Ports David ...
Tags: automotive works, management of works, container terminal
A few Chinese thermal coal buyers were reportedly concluding deals for March-delivered imported shipments, even as most of them were getting ready to wind up for the upcoming holidays, sources said Monday. A mini-Capesize cargo of ...
According to the Economic and Steel Market Outlook 2014-2015/Q1 2014 Report from the Economic Committee of the European Steel Association (EUROFER), in 2013 European Union (EU) steel imports are estimated to decline by 9.5 percent year on ...
Tags: steel imports, steel market
Spot treatment charges for imported zinc concentrate paid to Chinese smelters remained flat at around $125-140/mt in January, unchanged from December, in thin trade and with ample domestic supply, industry sources in China said Tuesday. ...
Tags: thin trade, TC, industry sources, zinc
India and Nigeria need to have closer ties in the textiles sector, Nigeria’s Minister of Industry, Trade and Investment Olusegun Aganga said during a meeting with business delegates from India in Lagos recently. Mr. Aganga said ...
Tags: cooperat, import tariff structure
Leading home textile suppliers from throughout Asia will look to take advantage of the expanding Southern China market at Intertextile Guangzhou Hometextile China, held from 18 to 22 March 2014. Located at the China Import and Export Fair ...
Tags: Textile, SILVERPLUS, Messe Frankfurt, CHAT
China imported 1.85 million mt of natural gas via pipelines in December 2013, a 20.1% year-on-year increase, data released by the General Administration of Customs showed Wednesday. Customs data records natural gas trade data in metric ...
Tags: Natural Gas, LNG imports
China saw a rise in crude oil imports from Kazakhstan last year via a transnational pipeline to Northwest China's Xinjiang Uygur Autonomous Region. Oil imports hit a record high of 11.85 million tons in 2013 through the China-Kazakhstan ...
Tags: Oil Imports, Mineral
China National Offshore Oil Corp has signed an agreement with a Taiwanese company to help promote LNG in Taiwan's Kinmen county. Shinfox Corp. confirmed Monday that it had signed a framework agreement on Friday with CNOOC's majority-owned ...
Tags: spot cargoes, Chemicals
Cricut announced Cricut Explore, a new product designed to be the world’s easiest design-and-cut system for making polished DIY projects. Cricut Explore’s industry-first system includes an advanced cutting machine plus ...
Russian consumer protection watchdog Rospotrebnadzor has lifted ban on Lithuanian dairy product imports into the country. As part of the gradual abolition of import restrictions, Rospotrebnadzor has canceled restrictions on Rokiskio ...
Tags: Dairy Imports, milk
China is expected to exceed Europe to become the largest energy importer in the world by 2035, said a report issued by British oil giant BP. The annual Energy Outlook 2035 report released on Wednesday forecast global energy consumption to ...
Tags: Oil Consumer, Energy Importer