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Monday Market
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Sinopec Has Raised Its East China Price for Isomer-grade Mixed Xylenes by Yuan 200/mt
Sep 5, 2013China Petroleum & Chemical Corp, or Sinopec, has raised its East China price for isomer-grade mixed xylenes by Yuan 200/mt or 2.3% effective Monday, market sources said Tuesday. The company's isomer-MX ex-works price at its four ...
Tags: China Petroleum
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Rotterdam Eurobob Gasoline Barges and The August FOB Rotterdam Eurobob Swap Was Assessed
Jul 17, 2013The backwardation between FOB Amsterdam, Rotterdam Eurobob gasoline barges and the August FOB Rotterdam Eurobob swap was assessed at $21/mt Monday, the widest since November 22, 2012, Platts data shows, tracking RBOB futures, sources said. ...
Tags: Gasoline Prompt, Chemicals
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The Chinese Long Product Price Index CLPPI Has Gone up by 1 Point
Jan 6, 2013The Chinese Long Product Price Index CLPPI has gone up by 1 point last week whereas the Chinese Flat Products Index CFPPI has also gone up by 27 points. The overall price index CHISPI inclined by 16 points. Class 21-Dec ...
Tags: Chinese Long Product Price, Chinese Flat Products, steel market
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Change Is on 28th December as Compared to 21st December 2012
Jan 6, 2013Iron ore fines FOB India Grade Change Fe 63.5/63% 8% Fe 63.5/62.5% 9% Fe 63/62% 9% Fe 62/61% 9% Fe 61/60% 9% Fe 60/59 % 10% ...
Tags: Iron Ore, metal market, steel price, India
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The Indian Long Product Price Index ILPPI Has Gone up by 33 Points Last Week
Jan 6, 2013The Indian Long Product Price Index ILPPI has gone up by 33 points last week whereas Indian Flat Products Index IFPPI has gone down by 38 points. The overall price index INDSPI remained stable. Class 21-Dec ...
Tags: India, Long Product Price, steel, steel market
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Activity Is Basically Halted in All EU Countries Because of The Festivities
Dec 25, 2012Activity is basically halted in all EU countries because of the festivities of end of the Year. Prices are remaining at same levels of previous week, except for merchant bars that, under the pressure of Beltrame, are climbing in direction ...
Tags: EU countries, steel price, steel market, steel
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Winter Is Typically Characterised by Scrap Taking Centre Stage in Long Product Pricing
Dec 25, 2012Winter is typically characterised by scrap taking centre stage in long product pricing. Lean period of scrap collection in the havens of US and Europe is pivotal in determining the cost and price for long product. Scrap level zoomed in ...
Tags: long product pricing, steel price, Europe, scrap
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CIS Steel Export Market Is Already Turning Into Vacation Mode and Prices Are Rather Stable
Dec 25, 2012As per latest reports from Black Sea, the CIS steel export market is already turning into vacation mode and prices are rather stable. Billet price is fluctuating around SD 510 per tonne to USD 515 per tonne FOB Black Sea. Finished ...
Tags: Steel Price, India, steel, steel market
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The Steel Market Continues to Face Southward Headwinds
Dec 17, 2012As per latest market information from Europe, the steel market continues to face southward headwinds While the buyers are extremely reluctant to place orders as 2012 is coming to an end, steel mills are pushing up prices, hoping to get at ...
Tags: Monday Market, steel market
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Weak Long Steel Demand Is Finally Taking Toll of Scrap Levels
Dec 17, 2012Weak long steel demand is finally taking toll of scrap levels which have shown uncharacteristic softening over the last fortnight. Amidst this buyers are not showing any urgency despite low stocks. Discounts were barely evoking any response ...
Tags: steel demand, scrap levels, Monday Market
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CIS Steel Export Prices Are Rather Stable
Dec 14, 2012As per latest information from Black Sea, CIS steel export prices are rather stable, but future sentiments are moderately negative. Billet price decreased by USD 5 per tonne to USD 10USD during the week and expectations are rather ...
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Inevitable Came to The Fore with The Iron Ore Price Losing 1%
Dec 14, 2012The inevitable came to the fore with the iron ore price losing 1%. Over a week long silence was broken on expected lines. Mills withdrew from buying remaining contended with need based buying from stocks. Tenders continued at lower levels ...
Tags: iron ore price news, steel scrap price, stainless steel
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Change Is on 29th November as Compared to 22nd November 2012
Dec 13, 2012Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...
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The Chinese Long Product Price Index CLPPI Has Gone Down by 138 Points Last Week
Dec 3, 2012The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel, steel products, iron, steel mills
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Change Is on 22nd November as Compared to 15th November 2012
Nov 27, 2012London Metal Exchange Rates Cash Buyer Product 15-Nov 22-Nov Change % Zinc 1907 1898 -9 0% Nickel 16010 16680 670 4% Tin 20405 ...