Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal
Japanese Nippon Steel & Sumitomo Metal (NSSMC) announced to hike its steel plate export prices to Asia by US$20/ton for April and May. The new prices are at US$670/ton CFR. Recently, the demands for steel plates from construction and ...
Tags: steel plate export, steel plate, steel
The US Gulf Coast-Asia arbitrage for isomer-grade mixed xylenes on paper does not appear to be re-opening any time soon, as arbitrage economics continued narrowing, plunging to a five-month low Tuesday, Platts data showed. "The US-Asia ...
Tags: Asia arbitrage, Chemicals, USGC
Asia's paraxylene market extended falls Monday morning, with the CFR Taiwan/China PX price benchmark declining quickly to under the psychological $1,600/mt mark for the first time in three months under heavy sell pressure, market sources ...
Tags: paraxylene market, paraxylene, PX Market
It’s reported that the Japanese steel mills will increase the prices of its hot rolled coils for April shipments for the customers in the regions such as Latin America and Middle East. Accordingly, their prices will reach to the ...
Tags: HRC prices, steel mills, steel
Speaking at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting taking place on March 3-5 in Doha, Adel Al-Mughram, senior marketing manager at Saudi Arabian company SABIC, underlined that oil is critical of Saudi Arabia and crude ...
In the week from February 25 to March 3, on the Orbis Steel Index the Turkish scrap index decreased, while the US (East Coast) HMS I/II scrap export index moved sideways. In the given week, the Turkish rebar index maintained its upward ...
Tags: Scrap, Orbis Steel, HRC
The spread between Asian toluene and feedstock naphtha was assessed at a more than four-month low of $263.125/mt Wednesday, down $23.275/mt from Tuesday, as the toluene market came under pressure from weak demand and falling domestic China ...
Tags: toluene, feedstock naphtha, Asia, toluene market
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
US spot paraxylene fell $15/mt Tuesday to nearly a one-month low assessment of $1,595/mt FOB US Gulf Coast tracking weaker Asian levels. US spot PX was last seen at this level on January 28, when the assessment was at $1,595/mt FOB USG. ...
Tags: PX prices, paraxylene, PX
South Korea's S-Oil nominated its paraxylene Asia Contract Price for March at $1,750/mt, up $65/mt from its February settlement, sources close to the negotiations said Monday. There are four ACP sellers in Asia -- ExxonMobil, Idemitsu ...
Tags: South Korea, S-Oil, oil
In the week from February 18 to February 24, the scrap indexes started to increase on the Orbis Steel Index. In the given week, the Turkish rebar index continued to increase. The Black Sea HRC export index started to move downwards, while ...
The price gap between imported and domestically produced styrene monomer in key consumer market China, which hit its widest 11-month high Monday, may dampen demand for imports and potentially restrict buoyant global SM prices, market ...
Tags: styrene monomer, SM prices, China
In Korea, O-Xylene prices went up in the week ending February 16, 2013. Overall, market sentiment improved and downstream demand increased. In the initial days of the week, prices were assessed at US$ 1580/ton higher by US$ 10/ton, as ...
Asian butadiene prices hit a more than six month high Monday on tight availability amid the startup of new synthetic rubber plants in China and higher naphtha feedstock costs. Butadiene prices surged 44% from a 2012 low of $1,455/mt FOB ...
Tags: butadiene prices, synthetic rubber, Asian naphtha prices