NYMEX May crude settled 16 cents lower at $97.07/b on Monday, as the complex came under pressure from a combination of weaker-than-expected US manufacturing data and the closure of ExxonMobil's 96,000 b/d Pegasus crude pipeline on Friday. ...
Tags: NYMEX Crude, Pipeline
The Secretariat projects China’s cotton stock at 8 million tons, equivalent to 47% of global stock, at the end of2012/13 season. Last season the Chinese government purchased over 3.12 million tons of cotton for state reserves at a ...
Tags: Cotton, cotton stock
US stocks erased most of their early declines, but finished the day mostly lower as a renewal of economic and political concerns in Italy kept major US equity benchmarks off their all-time highs. The Dow Jones Industrial Average pulled ...
The supply of softwood sawlogs in Northwest Russia is gradually decreasing as usual for the time of year. The stocks of logs at Archangelsk sawmills are usually largely exhausted by the beginning of May. A growing supply is not be expected ...
Tags: Gradual Reduction, Logs Supply
Australian stocks closed about half a per cent lower as the big resources companies dragged the market down following falls in China. At the close today, the benchmark S&P/ASX200 index was 28.5 points, or 0.57 per cent, lower at 4,966.5. ...
Tags: Australian Stocks
According to the Brazilian steel distributors association (Inda), its members’ steel sales totaled 317,900 tons in February, falling by 7.5% year on year and down by 13.8% from a month ago. In the first two months of this year, its ...
Tags: Steel Sales, Inda, Metallurgy
According to data, the stocks of stainless steel products in the Chinese Foshan market totaled 156,391 tons in the second 10 days of March, rising by 3.34% from the previous 10 days. Among them, 81,826 tons were cold rolled stainless steel ...
Tags: Stainless Steel, Foshan Market, Metallurgy
Distillate futures closed US trading sharply higher Wednesday, holding onto boosts seen in the wake of an unexpectedly bullish inventory report released in the morning by the Energy Information Administration. NYMEX April heating oil ...
Tags: NYMEX, Oil Futures, Distillate Markets
Non-LST ethane Wednesday morning traded at 30.75 cents/gal, the highest level since November 6 and 29.5% stronger since the beginning of the year, Platts data showed. Market participants attributed the rise to stronger propane and natural ...
THE Standard & Poor's 500-stock index has rallied to the second-highest close in its history, as investors shrugged off eurozone concerns. The S&P500 closed up 12.08 points, or 0.78 per cent, to 1563.77, just shy of its October 2007 peak ...
US stocks dropped as a last-minute bailout deal for Cyprus kicked up worries that deposits across Europe could become future targets of international creditors. The Dow Jones Industrial Average dropped 64.28 points, or 0.4 per cent, to ...
Australian stocks have opened firmer, with a recovery among the big miners leading the broader market higher. At 10.49am AEDT, the benchmark S&P/ASX200 index was up 11.7 points, or 0.24 per cent, at 4961.6 points. The broader All ...
Brazil's steel distributors association, Inda, has disclosed that its members' steel sales fell 7.5 percent year on year to 317,900 mt in February, decreasing by 13.8 percent compared to January. In the January-February period of the ...
Tags: Steel, Inda, distributors'imports
As of March 25, inventory of iron ore at 25 major Chinese ports amounted to 72.59 million mt, down 1.43 million mt or 1.92 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As of March 25, the ...
Tags: Iron Ore, Chinese Ports, Mineral
UK gas prices remained high Tuesday morning -- about 30% higher than where they began the month -- with a freezing spring drawing hard on gas supplies but an LNG delivery provided some relief, one gas broker said. The day-ahead contract ...
Tags: UK gas prices, LNG, Chemicals