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Asian Benzene Prices Dropped $19.50/Mt, But The US Fall Has Closed The Arbitrage Window

Apr 25, 2014

Asian benzene prices dropped $19.50/mt Wednesday, pulled lower by a tumble in US benzene Tuesday, but the magnitude of the fall in US prices has nearly closed the arbitrage window from South Korea to the US, according to sources. Spot ...

Tags: Benzene, benzene prices

Anticipated Fragmented Scrap Pricing Next Month May Bring US Scrap Prices Closer Together

Apr 21, 2014

Anticipated fragmented scrap pricing next month could bring US regional scrap prices closer together, according to market sources who generally agree on downward pricing pressure for May settlements. Scrap settlements varied wildly in ...

Tags: Steel Scrap, regional scrap prices

US Ethanol Stocks Fell 455,000 Barrels to 15.952m Barrels for The Week Ended April 11

Apr 18, 2014

US ethanol stocks fell 455,000 barrels to 15.952 million barrels for the week ended April 11, while production rebounded 43,000 b/d to a four-month high of 939,000 b/d, data from the Energy Information Administration showed Wednesday. The ...

Tags: Ethanol, ethanol stocks

Sinopec Slashed Its Ex-Works Butadiene Prices in East and South China

Mar 13, 2014

China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works butadiene prices in East and South China by Yuan 1,000/mt ($163/mt) to Yuan 8,500/mt Friday, a Sinopec company source confirmed Tuesday. "I think the main reason [for ...

Tags: butadiene, Sinopec, butadiene prices

Us Gulf Coast Propane Was Assessed 9% Lower at $1.55/Gal Tuesday

Feb 13, 2014

US Gulf Coast propane was assessed 9% lower at $1.55/gal Tuesday on a warmer weather forecast for much of the US, sources said. "This is what happens when you get strong run-up in prices," said analyst Peter Fasullo of EnVantage. Gulf ...

Tags: propane, Gulf Coast

Market Sources Were Unsure Why Domestic Mills Have Yet to Increase US Steel Sheet Prices

Dec 17, 2013

While most market sources on Friday said they were unsure why domestic mills have yet to increase US steel sheet prices in response to rising scrap prices, at least one service center executive said it may be the result of relatively ...

Tags: US Sources, Steel Sheet, Steel Sheet Prices

The Price Range for 75%-Si Ferrosilicon in Asia Widened Pulled Down Spot Prices

Nov 4, 2013

The price range for 75%-Si ferrosilicon in Asia widened this week as competition for a buy tender in Japan pulled down spot prices. The spot import price into Japan was assessed at $1,360-1,410/mt CIF Japan Thursday, compared with ...

Tags: Chemicals, Metallurgy, Mineral, Energy

US Spot Paraxylene Was Assessed at a Five-Month High of $1,460/Mt FOB Us Gulf Coast

Sep 2, 2013

US spot paraxylene was assessed at a five-month high of $1,460/mt FOB US Gulf Coast on Wednesday. The last time spot paraxylene was seen higher than this level was on March 21, when it was assessed at $1,475/mt FOB USG, according to ...

Tags: Chemicals, paraxylene

The Contango in The ARA Benzene Market Is Widening

Jul 25, 2013

The contango in the ARA benzene market is widening as July delivery dates are nearing expiration, sources said Monday. Benzene for August delivery is at a premium of around $15/mt over the material for balance of July, based on bids and ...

Tags: Benzene, Chemicals

NYMEX April Natural Gas Futures Settled 7.3 Cents Higher at $3.529/MMBtu Monday

Mar 11, 2013

NYMEX April natural gas futures settled 7.3 cents higher at $3.529/MMBtu Monday on an expected boost in heating demand due to near-term forecasts for below-average temperatures for most of the US, sources said. The National ...

Tags: natural gas futures, natural gas, US

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