The contango in the ARA benzene market is widening as July delivery dates are nearing expiration, sources said Monday. Benzene for August delivery is at a premium of around $15/mt over the material for balance of July, based on bids and ...
European benzene's premium to naphtha slipped to a 3.5-month low at the end of last week as benzene failed to keep pace with strengthening upstream markets. The spread between spot benzene and its feedstock naphtha was assessed at ...
In its submission to the Phase 2 High-Speed Rail Implementation Study, the Australasian Railway Association (ARA) has called for the high-speed rail project to be put to market. The ARA submission acknowledges the recommendation for a ...
The Northwest European July benzene contract price has been fully settled at Eur978/mt or $1,274/mt CIF ARA, according to negotiating parties. The settlement is down Eur67/mt ($79/mt) from the June contract price of Eur1,045/mt ($1,353/mt) ...
The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
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 ...
The Australasian Railway Association (ARA) has commended the NSW Government for delivering one of the most comprehensive state budgets for the rail industry this nation has seen. While no new projects have been announced, the budget ...
Tags: Service, NSW Rail, Rail Industry
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
Styrolution Europe has nominated a Eur25/mt increase in its polystyrene contract price for June from May, the company said Tuesday. The company did not provide an outright value for its contracts but added that the premium of its high ...
Tags: GPPS, Styrolution, Chemicals
The European benzene market has so far shrugged off this week's flood news in a number of Central European countries, according to market sources. Traders said they were not aware of any production issues caused by elevated water levels. ...
Tags: benzene market, Chemicals
European benzene's premium over naphtha slipped to a seven-week low, despite continuing lack of clarity on the market direction going into June. The spread between spot benzene and its feedstock naphtha was assessed at $500.25/mt at ...
The federal government’s opening of the tender process for the Moorebank Intermodal Terminal (as reported on Transport and Logistics News) has drawn praise from the rail industry, but also attracted criticism for its questionable ...
Tags: Rail industry, Moorebank
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
While the rail industry did not find the budget entirely positive, there are many good points for rail in the Budget. ARA: The Good, the Bad, and the Unknown The 2013 Federal Budget has delivered largely positive outcomes for commuters, ...
The Northwest European styrene monomer benchmark has climber $137.50/mt or 8.9% from a year-to-date low of $1,537.50/mt on April 22 to $1,675/mt FOB ARA Tuesday, Platts data showed. The rally was due to a combination of increasing demand ...
Tags: NWE Styrene, styrene monomer