At least three Chinese companies are in the final stages of negotiations with three LPG producers in Iran for term supply deals for 2014, industry sources said Thursday. The deals would mark the first time buyers in China had secured LPG ...
Tags: LPG Industry, Energy
After the December contract had closed lower in 19 out of 23 sessions between October 4 and November 5, losing over 1200 points in the process, a bounce was long overdue. However, even though it felt good to finally see the market up on ...
Tags: NY Cotton Futures, Textile
The U.S. International Trade Commission has determined that the U.S. hardwood decorative plywood industry has not been materially injured by illegally priced hardwood plywood imports from China. The ITC determination, which came in a 5-0 ...
Tags: plywood, Construction
With cotton crop estimates for the US and India increasing week after week due to the swift advance of harvest and surprisingly good yields, selling pressure eventually became heavy enough for December to break through important support ...
Euromap, the umbrella trade group for national associations representing manufacturers of plastics and rubber machinery in nine European countries, estimated the value of global production in 2012 was 9.3bn (£24.8bn), up 3.68%. The ...
Just when it felt like the market was getting ready to challenge major support below 82 cents, a late session rally lifted values back into the 'comfort zone'. It is not clear what prompted the buying of some 2'500 December near the close, ...
After trading to a low of 82.11 cents last week, downside momentum faded and the market was able to move slightly higher this week, with December closing today about 300 points above important long-term support at 81.72 cents. The lack of ...
Tags: NY Futures, Textile
Apparel traders from Peru’s Gamarra emporium have announced a business strike and will shut down trading on September 5, 2013, as a protest against the facilities provided by the Government on imports of Chinese clothing. ...
Tags: Gamarra Traders, Chinese Imports
In July this year, China exported a total of 5.15 million mt of finished steel, down by 140,000 mt from June, indicating a third consecutive month-on-month decrease, but up 19.21 percent year on year, as announced by the Chinese customs ...
Tags: Finished Steel
Advanced Sports International will shift production of bikes destined for the EU to Ideal's China and Poland factories to achieve more competitive pricing, reduce logistics and shorten lead times. Previously, ASI bikes sold in the EU were ...
Tags: Bikes
China's thermal coal imports in June fell 24% on the month to 9.75 million mt, the country's lowest monthly intake since February when imports were severely impacted by the Lunar New Year holiday, according to China customs data released ...
Tags: Thermal Coal, Chemicals
The market hasn’t been kind to anyone betting against July, be it outright shorts or those ending up on the wrong side of the July/Dec spread, as the spot month exploded for a gain of over 1200 points in just nine sessions. July ...
Tags: NY Futures, Textile
Glass for Europe, an association made up of Europe’s flat glass manufacturers, has issued a statement related to the European Commission’s (EC) anti-subsidy investigation into imports of solar glass from China. In the statement, ...
Glass for Europe, the association of Europe’s manufacturers of building, automotive and solar-energy glass, welcomes the initiation by the European Commission of both an anti-dumping and an anti-subsidy investigation concerning solar ...
China and Switzerland are discussing a reciprocal trade deal that would see import duty exempted for the majority of imports from either side, a senior Chinese commercial official revealed on May 28, 2013. The two sides have signed a ...
Tags: Import Duties, trade deal