Chinese banks' recent credit crunch has impacted the LED industry. More than 100 LED manufacturers have defaulted as a result in Eastern and Southern China this year. Taiwanese LED manufacturers have emerged as the beneficiaries of the ...
Tags: LED, Lights, Lighting, LED lighting
Mouser Electronics, Inc., a subsidiary of TTI, Inc., announced that it is stocking the LUXEON 3535 2D Mid-Power LEDs from Philips Lumileds. This new two-LED chip package with up to 140lm/W efficacy can reduce LED count in retrofit lamps by ...
Tags: Philips, LEDs Mouser, LED
It’s reported that Taiwan’s China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its price policy for September. CSC decided to remain list prices for all its products unchanged for September deliveries ...
Tags: Taiwan's CSC, Mineral
Stocks of small and medium Chinese enterprises gained on Monday amid speculation they would stand to benefit the most from the abolition of a floor on lending rates over the weekend, Bloomberg reported. Analysts said cash starved SMEs can ...
Tags: Lending Rate
It’s reported that Korea’s rebar market has become sluggish as demand from the country’s construction sector has become weak due to heavy rainfall. At present, the selling prices of SD400 rebar with diameter of 10mm ...
Tags: Rebar Market, Mineral
The front-month Brent/WTI spread narrowed Thursday to its lowest level in more than 20 months, dropping under $1/barrel as NYMEX crude broke above resistance levels on recent stock drops and an equities euphoria. The September Brent/WTI ...
Tags: Prompt Brent, Chemicals
The latest U.S. Department of Agriculture (USDA) projections indicate that world 2013/14 cotton consumption is forecast at 109.8 million bales, an increase of 2 percent (2.4 million bales) from a year ago. India and Pakistan are expected to ...
Tags: Cotton Consumption, Textile
According to local sources, the stocks of stainless steel products totaled 118,365 tons in the Chinese Foshan market in the first half of July, decreasing by 8.39% from the previous 15 days. Among them, 55,844 tons were cold rolled ...
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
According to data released by the Metals Service Center Institute (MSCI), the US service center’s steel shipments fell by 4.7% year on year in June. In June, the shipments of flat rolled steel products increased by 2.6%; those of ...
The differential for California-grade blendstock dropped 15.5 cents/gal on Wednesday after US data showed an 818,000-barrel gasoline build on the West Coast. The move left the differential at a discount to NYMEX RBOB for the first time in ...
Tags: Carbob Differential, Chemicals
It's reported that the Japanese Nippon Steel & Sumitomo Metal Corp (NSSMC) planned to raise its prices of H beam and bright bars by ¥3,000/ton for July production, in spit of high stocks in the market. It's learned that the local ...
Tags: H-Beam, steel, Construction
In response to developments in China's support policy, the current USDA estimate for 2012/13 is now dramatically different from the initial forecast published in May 2012. Consumption estimates for 2011/12 were lowered, resulting in ...
The ability of OPEC to influence the balance of crude markets is diminishing in the face of growing US oil production, with 2013 expected to be a rare instance of a year-on-year decline in the call on the producer group to maintain balanced ...
Tags: Chemicals
OPEC's share of the global oil market is set to diminish further next year as surging supplies of oil from the US and other non-OPEC producers outpaces an expected acceleration in world oil demand growth, the International Energy Agency ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Oil