Alcoa has entered into a three-and-a-half-year agreement with New York state to increase the competitiveness of its Massena West smelter, previously been earmarked for shutdown, the US lightweight metals producer said Tuesday. Earlier ...
Tags: Alcoa, lightweight metals, aluminum
The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...
Tags: glycol, diethylene glycol, feedstock EO
Shintech will raise its liquid caustic soda prices by $40/dry short ton effective immediately or as contract terms allow, the company said Monday in a notice to customers. The Houston-based producer was the third to say it would raise ...
Tags: Shintech, liquid caustic soda, chlor-alkali
Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
European methanol traders were not confident the surge in Rhine water depth seen this week would be sustainable and help alleviate supply length hemmed in the Rotterdam hub after levels eased again Tuesday. After water levels jumped to ...
Tags: Methanol
The US styrene-benzene spread narrowed as it remained below $200/mt, assessed at $161.07/mt Tuesday, down $19.52 on the week, according to Platts data. The spread has been below $200/mt for the majority of November, assessed above $200/mt ...
Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...
Tags: Tankers, VLCC Fixtures, crude, Aframaxes
Coal shipment volumes originated on US railroads were slightly up from the previous week but still subdued, Association of American Railroads data showed Wednesday. For the week ended November 14, the AAR reported a total of 95,293 coal ...
Tags: Coal, coal carloads
US Central Appalachian coal producers and brokers are still hoping some kind of thermal spot market will develop with winter approaching, but many in the industry said this week they aren't holding out much hope. Market players continued ...
Tags: CAPP coal, MISO coal, fossil fuel
Coal stocks at 17 major Indian ports totaled 11.52 million mt as of November 20, down 4.1% week on week, according to data released Friday by Indian ship broker Interocean. The stockpiles included 9.51 million mt of thermal coal, down ...
Tags: Coal, Anthracite, coking coal
In a major development for Western energy markets, NV Energy, Nevada's largest utility, will begin participating in the region's energy imbalance market on December 1. The move, announced late Friday, follows the Federal Energy Regulatory ...
Tags: energy markets, NV Energy
The daily spot price of uranium was $36/lb U3O8 Monday, unchanged from November 16 and November 9, as buyers continue to show only tepid interest in buying material, according to price reporting company TradeTech. The daily spot price has ...
Tags: uranium, Nuclear Fuel
A consensus of analysts surveyed by Platts expects the US Energy Information Administration on Wednesday will estimate a natural gas storage injection of between 4 Bcf and 8 Bcf for the reporting week that ended November 20. The EIA plans ...
Tags: Natural Gas
Urals differentials versus the Dated Brent market jumped in both the Mediterranean and Northwest Europe in European trading Tuesday after the full provisional December loading program for the Black Sea port of Novorossiisk proved to be the ...
Tags: Urals cargoes
The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...
Tags: gasoline, Mediterranean gasoline