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
The premium of second-month cash Brent to front-month cash Dubai widened to $4.08/barrel Tuesday, the first time the spread has breached $4/b since early-March as a combination of a rising Brent complex and lower fuel oil cracks have ...
Today, the Centre for European Economic Research (ZEW) in Mannheim and the Fudan University in Shanghai publish the results of the first "China Economic Panel" (CEP). CEP is a panel of experts focused on China. It serves to investigate the ...
India is evaluating plans to raise the import tax on refined edible oil, in order to discourage the rising shipments from Indonesia and Malaysia, which are affecting the local refiners. Currently, India imposes a 7.5% tax on edible oil ...
Tags: India, Import Tax, Oil
Industrial Production Operation in June 2013 National Bureau of Statistics of China 2013-07-16 10:50:55 In June 2013, the total value added of the industrial enterprises above designated size was up by 8.9 percent year-on-year (the ...
One way of securing the supply of high-quality technical rubbers to industry is to employ plants or other recycled material as feedstock. The BIOPROOF project aims to do just that, and is now being supported by expertise from pump and valve ...
In the first half of 2013, faced with the complicated and volatile economic environment at home and abroad, the Central Party Committee and the State Council have committed to the general tone of making progress while ensuring the ...
Kardemir, the largest steel long products manufacturer in Turkey announced to raise its domestic prices for steel bars from July 10th, driven by higher prices of imported scraps and stronger demand. After announcement, its new sales ...
ICE Cotton gradually moved higher earlier this week supported by bullish views on the market, but the supply & demand report released kept the market in check, and the week ended at a slightly lower level. The week’s high was posted ...
Tags: ICE Cotton, Textile
On July 8, Fortune Magazine published its list of the global top 500 companies for 2013. Sinopec ranked No. 4, the highest of any Chinese company on the list, with annual operating revenue of US$428.167 billion. This is the fifteenth ...
Tags: Sinopec, Fortune 500 List
According to the Ukrainian association of metal producers Metallurgprom, in August this year Ukraine's crude steel production is expected to increase by 1.1 percent compared to June to 2.760 million mt. According to Metallurgprom's ...
Tags: Crude Steel, Mineral
It's reported that India's steel giant Tata Steel announced its sales result for the first quarter of the fiscal year 2013/14 ended on June 30th. In the first quarter of the fiscal year 2013/14, the company's sales totaled 2.01 million ...
Tags: Steel
China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works prices for butadiene by 16% effective late Monday, its second cut this month, end-users said Tuesday. With the latest reduction, Sinopec's subsidiaries in East, North ...
Tags: Sinopec, Butadiene Prices
US commercial crude stocks fell 9.87 million barrels to 373.92 million barrels for the reporting week ended July 5, Energy Information Administration data showed Wednesday. The latest decline marks the sharpest two-week draw in US crude ...
Tags: Crude Stocks, Crude imports
According to a new market report "Petrochemicals Market by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Vinyls, Styrene and Methanol) -Global and China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 ...
Tags: Petrochemical Market, Textile