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Chinese Independent Refiners Step up Gasoil

Feb 21, 2016

China'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

Atlantic Met Coal: US Takes Aim on Benchmark HCC Reference

Dec 15, 2015

Atlantic 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

Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports

Nov 4, 2015

China'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, ...

Tags: Sinopec and PetroChina, oil products, exports

Independent Players Push for Access to LNG Supply

Jan 30, 2015

Falling 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

Q3 Adjusted Net Income Was $66 Million or $0.69 Per Share on a Diluted Basis at Methanex

Nov 18, 2014

Adjusted 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

Synthetic Fiber Price Index Plunge by 4.9% in Sep

Oct 11, 2014

The 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

Nucor Corporation Announced Thursday Consolidated Net Earnings of $147.0 Million

Aug 12, 2014

Nucor 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

LPG Prices Were Mixed in East China This Week

Aug 11, 2014

LPG 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

Us Chlor-Alkali Facilities Operated at 86% Capacity in May

Jun 24, 2014

US 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

The Asia to Europe Arbitrage Window for Methanol Will Remain Shut

Jun 23, 2014

The 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

The Price Spread in Asia Between Styrene Monomer and Benzene Fell to a Three-Month Low

May 30, 2014

The 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 ...

Tags: Styrene, Benzene

Chlorine Institute Data Shows US Chlor-Alkali Facilities Operated at 81% Capacity in April

May 22, 2014

US 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

Ethylene Spot Prices in Northwest Europe Increased Marginally Week on Week to Eur885/Mt

May 21, 2014

Ethylene 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

The Spread Between Asian Paraxylene and Benzene Fell to Its Lowest in More Than Nine Years

May 13, 2014

The 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

A Three-Month Old Arbitrage Window to Export Asian Butadiene to US That Has Widened Again

May 4, 2014

A 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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