China Petroleum and Chemical Corp., or Sinopec, has reduced its North China toluene ex-factory offers by Yuan 200/mt ($30.97/mt), or about 4%, Tuesday, amid weakness in demand and the yuan, an industry source said. Its North China ...
In an exclusive interview with LEDinside, MLS General Manager Lawrence Lin discussed in-depth the company’s ongoing talks with German LED company Osram to acquire its lighting business at Taipei Building Show organized by Dollar ...
Tags: Osram, LED luminaire, LED lighting
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange
Pork prices have jumped around Australia, but a question mark surrounds the course of the latest pork price rise. There is speculation as to whether rise is an opportunistic flow-on by butchers and processors in response to previously ...
Publicly-listed organic infant food producer Bellamy’s has entered into a multi-million dollar agreement with dairy producer Fonterra. The strategic agreement has been made for five years and Fonterra Oceania Managing Director ...
Tags: cheese, whey, nutritionals
The gold industry is not doing enough to combat debt and rising losses and not investing enough in exploration, Randgold CEO Mark Bristow said Tuesday. "A number of major companies in the industry today are simply not viable," Bristow ...
Tags: gold industry, Mines
The Northwest European styrene monomer premium over feedstock costs has increased by Eur14/mt in December on the month, a rise of 6%, Platts calculations show. The premium hit a 2015 low in November. The December styrene contract price ...
Tags: styrene, ethylene, Ethyl-benzene
2016 is looking to be the year of soybeans. Chris Hurt, Purdue University agricultural economist, is predicting corn acreage to be 1.5% to 2% lower and soybean acreage to be around 2% higher for the Midwest’s 2016 growing season. With ...
RED RME production margins in Northwest Europe remain in negative territory as the premium fell to a one-month low Monday, while feedstock prices in Europe remain strong on low availability. The differential between outright RME and ...
Tags: RED RME, rapeseed oil, oil
Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
Streets has dramatically dropped the price of its individually sold Cornetto ice creams to just AUD$2.00. The Cornetto had a previously recommended retail price of AUD$3.30. Along with the introduction of the new price, Streets is ...
Tags: Cornetto, ice creams
Beef might be off the Christmas menu for many Australians this year with prices continuing to rise dramatically. Over the past year, Australian domestic beef prices have more than doubled with drought hitting Australian farms hard. Yet, ...
Tags: Beef, Meat Prices, Lamb, Bacon
Cree and Epistar announced on Aug. 4, 2015, the two companies signed a global LED patent cross license agreement. The move signals large LED manufacturers strategy of maintaining market positions through patent advantages, said LEDinside ...
Tags: CREE, LED lighting, LED patent
Australia’s transport ministers have decided to overtax the truck and bus industries by $515 million over the next two years, the CEO of the Australian Trucking Association Christopher Melham said today. The ministers made the ...
Tags: Road Transport, heavy vehicle