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Chinese Independent Refiners Step up Gasoil
Feb 21, 2016China's independent refiners nearly doubled their gasoil and gasoline production in January and output is expected to remain at high levels going forward as they maintain strong run rates, set up reformers, and continue to process light ...
Tags: independent refiners, gasoline
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Atlantic Met Coal: US Takes Aim on Benchmark HCC Reference
Dec 15, 2015Atlantic metallurgical coal buyers and miners Friday were positive on the reported $81/mt hard coking coal benchmark, with new spot US offers looking to match or exceed this reference. Some buyers were bracing for a settlement closer to ...
Tags: Atlantic Met Coal, hard coking coal, coke
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Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports
Nov 4, 2015China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
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Independent Players Push for Access to LNG Supply
Jan 30, 2015Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...
Tags: LNG prices, LNG market
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Q3 Adjusted Net Income Was $66 Million or $0.69 Per Share on a Diluted Basis at Methanex
Nov 18, 2014Adjusted EBITDA in the third quarter of 2014, at the world’s largest producer of Methanol and Canada-based Methanex slipped 14.37% from second quarter of 2014. Methanex said adjusted EBITDA fell 14.37% sequentially quarter on ...
Tags: Adjusted EBITDA, Methanol, Textile
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Synthetic Fiber Price Index Plunge by 4.9% in Sep
Oct 11, 2014The decline in cotton price and slowing demand for apparel and other textile products in key North American and European markets have put tremendous pressure on synthetic pricing in the past several months. The global synthetic fiber price ...
Tags: Synthetic Fiber, Cotton
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Nucor Corporation Announced Thursday Consolidated Net Earnings of $147.0 Million
Aug 12, 2014Nucor Corporation announced Thursday consolidated net earnings of $147.0 million for the second quarter of 2014. By comparison, Nucor reported net earnings of $111.0 million in the first quarter of 2014 and net earnings of $85.1 million in ...
Tags: Nucor Corporation
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LPG Prices Were Mixed in East China This Week
Aug 11, 2014LPG prices were mixed in East China this week, rising in Jiangsu province and falling in both Shanghai and Zhejiang province, trade sources in the regions said Friday. Propane-rich imported LPG was heard traded at Yuan 5,900-6,000/mt ...
Tags: LPG Prices, Refinery, LPG
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Us Chlor-Alkali Facilities Operated at 86% Capacity in May
Jun 24, 2014US chlor-alkali facilities operated at 86% capacity in May, according to data released Friday by the Chlorine Institute, the highest effective operating rate since the 87% seen in May 2013. May 2014's operating rate represented a ...
Tags: Chlor-Alkali, liquid sodium
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The Asia to Europe Arbitrage Window for Methanol Will Remain Shut
Jun 23, 2014The Asia to Europe arbitrage window for methanol will remain shut in the third quarter of 2014 on expectations of higher export volumes from the Middle East and stronger Chinese demand that would soak up Asian supplies, sources said late ...
Tags: Methanol, natural gas
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The Price Spread in Asia Between Styrene Monomer and Benzene Fell to a Three-Month Low
May 30, 2014The price spread in Asia between styrene monomer and its main feedstock benzene fell to a three-month low of $284/mt on Tuesday, as benzene supply has tightened while SM supply has increased, Platts data showed. The FOB Korea benzene ...
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Chlorine Institute Data Shows US Chlor-Alkali Facilities Operated at 81% Capacity in April
May 22, 2014US chlor-alkali facilities operated at 81% capacity in April, Chlorine Institute data showed Tuesday. The effective operational rates were unchanged from March, when they showed a 2 percentage-point drop from 83% in February. The March ...
Tags: Chlor-Alkali, liquid chlorine
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Ethylene Spot Prices in Northwest Europe Increased Marginally Week on Week to Eur885/Mt
May 21, 2014Ethylene spot prices in Northwest Europe increased marginally week on week to Eur885/mt ($1,214/mt) FD NWE Friday on the back of a fall in steam cracker utilization rates, which helped managed the oversupply in ethylene, sources said. ...
Tags: Ethylene, Utilization Rates
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The Spread Between Asian Paraxylene and Benzene Fell to Its Lowest in More Than Nine Years
May 13, 2014The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...
Tags: Paraxylene, Benzene
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A Three-Month Old Arbitrage Window to Export Asian Butadiene to US That Has Widened Again
May 4, 2014A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
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