Gas for day-ahead delivery continued to fall Wednesday from Monday's seven-year high following a return to operations of the Norwegian Nyhamna processing terminal and strong imports, which saw the system well supplied with little reliance ...
Tags: UK, Gas, gas industry
The Northwest European benzene market tumbled to a 15-week low of $1,335.5/mt Tuesday on a combination of weak downstream demand, upcoming derivatives turnarounds, a closed arbitrage to the US, as well as persistently high inventories, ...
Tags: benzene, US, Platts data
According to statistics, the stocks of stainless steel products in the Chinese Wuxi market totaled 189,808 tons in the Chinese Wuxi market in the last 8 days of February, rising by 2.99% from that in mid-February. Among them, 104,812 ...
Tags: Stainless steel product, stainless steel, steel products
South Africa-based Richards Bay Coal Terminal (RBCT), one of the world's largest coal handling ports, has announced that it exported 5.45 million mt of coal in February, up 29.5 percent from 4.21 million mt in January and down 10.5 percent ...
Tags: Coal Terminal, Mineral, Metallurgy
Investors took a record high for US stocks - the bellwether Dow Jones Industrial Index eclipsing its pre-global financial crisis peak - as confirmation that the US economic recovery is gathering strength and sent the local market to its ...
Tags: US stocks, Stockmarkets, Stocks
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips
In cotton season 2012-13, seed kapas prices in Andhra Pradesh fell below the MSP prices. Ministry of Textiles in consultation with State Government of Andhra Pradesh and the Cotton Corporation of India put in place an effective mechanism ...
UK natural gas for same-day delivery rose to 108 pence/therm Monday morning -- a price the market has not closed above since 2006 -- due to unplanned North Sea outages. Stormy weather caused a failure in the Norwegian power grid system ...
Tags: gas, natural gas, oil pipeline system
The sharemarket has shot up by more than 1.5 per cent at noon, with investors using yesterday's falls to lap up cheaper stocks. CMC Markets chief market analyst Ric Spooner describes it as a relief rally following Monday's decline. The ...
Tags: Stocks, sharemarket, ANZ
The Australian sharemarket roared back yesterday, recovering most of its 75-point loss on Monday, after a US Federal Reserve official reiterated the central bank's commitment to quantitative easing, local retail sales exceeded expectations ...
Tags: sharemarket, benchmark, Share trading value
THE sharemarket closed higher after news that Australian retailers recorded their strongest January sales growth in six years led to gains for discretionary retail stocks. Retail spending rose 0.9 per cent, seasonally adjusted, in January ...
According to the Mineral Industry Survey released by the US Geological Survey (USGS), stocks of imported and domestic scrap in the US at the end of December 2012 amounted to 3.7 million mt, up slightly from the end of November. Exports of ...
Tags: Iron, Steel Scrap, Scrap Exports
Speaking at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held on March 3-5 in Doha, Yusuf Guven from Helveco Intertrade, the chairman of the raw materials committee, said that China has started destocking steel products, ...
Tags: raw materials, Scrap, Steel
The S&P/ASX200 is down 0.3 per cent as resources stocks including BHP Billiton, Rio Tinto, Fortescue and Oil Search are down 1.2 per cent to 2.7 per cent on commodity weakness and with ex-dividend falls today worth about 11 index points. ...
THE Dow Jones Industrial Average has edged closer to an all-time closing high, as investors brushed off steep losses in China's equity markets and pushed major benchmarks higher. The Dow rose 38.16 points, or 0.3 per cent, to 14127.82, to ...