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Bearish Market
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China LPG Prices Retreat on Higher Refinery Stock
Aug 31, 2015LPG prices in south and east China's wholesale markets slid this week, despite stronger crude oil futures at the end of the week, due to a rise in domestic inventories, trade sources said Friday. Many refineries and LPG import terminals ...
Tags: LPG prices, crude oil
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China LPG Prices Rebound 11-22% on Stronger Demand
Dec 29, 2014The prices of both imported and domestically produced LPG rebounded in East and South China this week, after falling 21-34% over the previous five weeks, supported by increasing demand and improving sentiment, trade sources said Friday, ...
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LPG Prices Plunge for 2nd Week Slump,Weak Demand
Dec 15, 2014Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...
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LPG Prices Drifted Lower in South and East China
Oct 27, 2014Both imported and domestically produced LPG prices drifted lower in South and East China this week, mainly weighed down by the bearish market outlook, trade sources said Friday. Asian LPG prices slid to near 28-month lows Thursday, ...
Tags: LPG Prices, LPG
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Scrap Market Activity Remained Sluggish in Eastern China with Prices Mainly Holding Steady
Jun 16, 2014Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
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Styrolution Is Seeking to Expand Polystyrene Margins
Jun 5, 2014Styrolution is seeking to expand polystyrene margins following the settlement of the June styrene contract price, the company said late Monday. With the Northwest European styrene contract agreed at Eur1,360/mt FOB ARA ($1,850/mt), down ...
Tags: Styrolution, Polystyrene
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Some Supply Tightness Provide a Further Break for What Has Been Largely a Bearish Market
May 13, 2014Some supply tightness caused Thursday's gains to be extended Friday on the UK's NBP trading hub, providing a further break for what has been largely a bearish market. At 11:00 am London time, the within-day contract was valued at 47.80 ...
Tags: Bearish Market, LNG
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Corn, Soybean Lower Prices Attracting Improved Commercial and Export Demand
Dec 24, 2013Mar. corn closed at $4.25, down 1 and 3/4 cents Jan. soybeans closed at $13.24, down 22 and 1/2 cents Jan. soybean meal closed at $441.20, down $6.80 Jan. soybean oil closed at 39.06, down 25 points Mar. wheat closed at $6.12 and ...
Tags: Corn, Soybean Prices
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Asian Purified Terephthalic Acid Margin on a Spot Basis Hit a 10-Month High Tuesday
May 23, 2013The Asian purified terephthalic acid margin on a spot basis hit a 10-month high Tuesday amid the bearish market for feedstock paraxylene due to active selling by Chinese PTA producers, Platts data showed. Based on Platts PTA and PX ...
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Ongoing Planting Delays Continued to Keep Potential Sellers at Bay This Week
May 13, 2013Ongoing planting delays continued to keep potential sellers at bay this week, which allowed the market to trend higher. West Texas is still too dry, while parts of the Mid-South and Southeast have experienced wet and unseasonably cool ...
Tags: Cotton Futures, Textile
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ICE Brent Front-to-second Month Spread Fell Into Contango During Afternoon US Trade Friday
Apr 9, 2013The ICE Brent front-to-second month spread fell into contango during afternoon US trade Friday, the first contango between the two contracts since July 2, 2012. ICE May Brent was down $2.50 at $103.84/b after hitting a fresh eight-month ...
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It Traded to a High of 85.24 Cents on Wednesday When The Market Reopened
Feb 25, 2013When the market reopened after the long Presidents Day weekend, it looked like May was ready to break out of its flagging pattern when it traded to a high of 85.24 cents on Wednesday. However, there was still enough opposition by the trade ...
Tags: cotton, NY cotton, cotton market
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Middle Eastern PP Offers for January Have Come Down in Asia and Egypt
Jan 12, 2012Middle Eastern PP offers for January have come down from their December levels in Asia and Egypt in line with sluggish buying interest and the approaching Chinese New Year holiday which will take place in the last week of January. A Saudi ...
Tags: Market View