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Platts data
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East China Toluene Stocks Rise 44% on Month in Oct
Apr 30, 2019Toluene stocks in East China rose 44.4% from September to 45,000 mt in October, according to S&P Global Platts data. The rise in inventory was the result of a backlog of cargo arrivals during the week-long National Day holiday in early ...
Tags: Toluene, toluene demand
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No Large-Scale Cuts From Chinese Coal Mines
Mar 9, 2017China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...
Tags: Coal Mines, Coal
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Butadiene-Naphtha Spread Hits 7-Year High
Jan 30, 2017The Asian butadiene-naphtha price spread hit a seven-year high of $2,557.38/mt CFR last Friday amid extremely tight supply globally and strong demand for downstream products such as styrene-butadiene-rubber, SB latex and ...
Tags: Butadiene Naphtha, styrene
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China to Eliminate Import Tax on Australian Coal
Dec 16, 2016Australian thermal coal cargoes arriving at China's ports on January 1, 2017, and thereafter will be clear of the Asian country's 2% import tax, currently equivalent to $1.50/mt, and levied on the delivered CFR South China price of ...
Tags: Thermal Coal, Coal
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Analysis: US Crude Exports Hit Record in September
Nov 8, 2016US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
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US Exported 662,000 B/D of Crude in May, Highest on Record: EIA
Jul 29, 2016US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...
Tags: crude exports, US crude
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US VAM Price to Rise Through Q1 Amid Tightening Supply: Sources
Dec 18, 2015The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
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US Fuel Oil Hi-Lo Below $1/B on Mild Northeast Temperatures
Dec 18, 2015The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
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FOB Singapore 500 Ppm Gasoil Cash Differential Nosedives Into Discount on Supply Glut
Dec 18, 2015The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
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Wind Power Sets New Record for Energy Share in Ercot in November
Dec 15, 2015Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT's low on-peak power prices that month. Wind ...
Tags: Wind generation, coal-fired generation, natural gas-fired generation
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US Refinery Margin Tracker: Unquenchable Gasoline Demand a Gift for US Refiners
Dec 15, 2015Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
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Venezuelan Polypropylene Producer Eyes Pair of Expansion Projects: Source
Dec 2, 2015Venezuela's polypropylene producer Propilven is considering an expansion project and a new line at its Ana Maria Campos petrochemical complex, a source with knowledge of company operations said Monday. "The short-term project under ...
Tags: Propilven, Polypropylene, homopolymer
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Analysis: Asian Styrene Monomer Margins at Narrowest in 11 Months on Firm Ethylene, Tumbling Sm
Nov 25, 2015Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
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US Styrene-Benzene Spread Narrows on Week, Stays Below $200/Mt
Nov 25, 2015The US styrene-benzene spread narrowed as it remained below $200/mt, assessed at $161.07/mt Tuesday, down $19.52 on the week, according to Platts data. The spread has been below $200/mt for the majority of November, assessed above $200/mt ...
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Dry Bulk Atlantic: Supramax Freight Rates in Doldrums on Oversupply, Uncertain Demand
Nov 25, 2015Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke