US commercial crude stocks likely fell around 1.5 million barrels for the reporting week ended May 24, according to a Platts analysis and a survey of oil analysts Tuesday. The American Petroleum Institute will release its weekly report at ...
Tags: Chemicals, Metallurgy, Mineral, Energy
World 2013/14 cotton trade is forecast to decline 12 percent from a year ago, to 39.5 million bales, due to a combination of lower exportable supplies and China’s policy-driven lower demand for foreign cotton. The 2013/14 ...
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
According to data released by the China Iron and Steel Association (CISA), China’s inventories of main steel products including hot rolled coils (HRC), plates, cold rolled coils (CRC), wire rod and rebar in China decreased as of May ...
Tags: Steel Stocks, China, Construction&Decorat
According to the World Bureau of Metal Statistics (WBMS), in the first quarter of the current year there was a nickel supply surplus of 7,000 mt in the global market. In 2012, the calculated surplus was 130,400 mt. Reported nickel stocks ...
Tags: Nickel, Q1, Metallurgy
High-Frequency traders who bombard the stockmarket with trade messages should wear a higher share of the supervision costs than genuine traders, according to Australia's retail fund managers. The Financial Services Council said it would ...
U.S. cotton demand in 2013/14 is expected to decline 10 percent to 15.0 million bales, compared with nearly 16.7 million bales estimated for 2012/13. A smaller U.S. cotton supply and reduced foreign import demand—particularly from ...
U.S. cotton demand in 2013/14 is expected to decline 10 percent to 15.0 million bales, compared with nearly 16.7 million bales estimated for 2012/13. A smaller U.S. cotton supply and reduced foreign import demand—particularly from ...
The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...
Tags: Chemicals, petrochemical, styrene monomer
Jet fuel differentials firmed to end a week that saw production and demand exactly matched in the US, just not in the Chicago market, with its world-high outright prices. Platts assessed Chicago unchanged at NYMEX June heating oil futures ...
Tags: Metallurgy, Mineral, Energy, Chemicals
The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert