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Asia Spot LNG: January Platts Jkm Down 10 Cents Since Rolling on Monday
Nov 24, 2015The Platts JKM for January was down 10 cents over the course of the week to $7.475/MMBtu on Friday, after rolling to become the new front month on Monday, November 16. Buying sentiment for the month continued to soften, with limited ...
Tags: Curtis LNG
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Shandong Teapot Refiners to Ramp up Crude Imports
Nov 23, 2015Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
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Uncertainty Over Price Cuts Affects Imported Coal
Jun 29, 2014Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...
Tags: Thermal coal, Domestic Cargoes
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The Market Structure for FOB Korea Toluene Flipped Into a Backwardation
Jun 20, 2014The market structure for FOB Korea toluene flipped into a backwardation Wednesday, supported by tight supply of prompt-delivery cargoes and keen buying interest, said market sources. Platts assessed the FOB Korea toluene marker at ...
Tags: Toluene, paraxylene plants
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Weak Demand and Expectations of Lower Import Prices Had Weighed Down on LPG Spot Prices
Feb 19, 2014A combination of weak demand and expectations of lower import prices had weighed down on LPG spot prices in southern and eastern China over the week, domestic traders said Wednesday. Spot prices of imported LPG truck cargoes, including ...
Tags: LPG Prices, Import Prices
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Japan's Stocks of Liquefied Petroleum Gas Rose 4.69% Month on Month
Oct 28, 2013Japan's stocks of liquefied petroleum gas rose 4.69% month on month to 2.145 million mt as of September 30, marking the fourth straight month of increase as imports inched up to meet utility demand ahead of winter, data from the Japan LPGas ...
Tags: LPG Stocks, liquefied petroleum
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FOB Houston Propane Differential Has Dropped 53% Since July 1
Sep 25, 2013The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
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The Slide in LPG Prices Over The Past Four Days on Abundant Supply
Sep 23, 2013The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
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Asian Naphtha Industry Gathered Thursday Debates Among Other Things a Recommendation
Jul 18, 2013The Asian naphtha industry gathered Thursday for the start of the 22nd CFR Far East Open Specification Naphtha Meeting to debate among other things a recommendation that seeks to widen the scope of naphtha cargo origins for inclusion in an ...
Tags: Chemicals, Metallurgy, Mineral, Energy
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The Asian LPG Paper Market Flipped to a Slight Contango for The First Time
Jul 5, 2013The Asian LPG paper market flipped to a slight contango for the first time since August last year Wednesday, on active selling of August Saudi Aramco propane Contract Price swaps, market sources said Thursday. If the structure steepens ...
Tags: LPG Market, Chemicals
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Mexico's PMI Is Set to Export 1.4 Million Barrels of Fuel Oil in July
Jul 3, 2013China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Metallurgy, Mineral, Energy
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China Has Taken Delivery of Around 88,000 Mt of Iranian LPG in June
Jun 28, 2013China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Iranian LPG, Chemicals
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Mediterranean Gasoline Cargo Market Has Switched From a $19.75/mt Discount
May 24, 2013The Mediterranean gasoline cargo market has switched from a $19.75/mt discount under the Northwest European Eurobob market to a premium of $10.75/mt in two weeks, on limited supply, market sources said. "The Med is totally dry...the arbs ...
Tags: Med Gasoline, NWE EBOB
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Iran's Petrochemical Commercial Co Is Expected to Offer More LPG to Asia
May 20, 2013Iran's Petrochemical Commercial Co is expected to offer more LPG to Asia after selling a cargo to South Korea, possibly its first to this region in 2013 since an EU ban late last year, by using ships made available for CFR deliveries, ...
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Mediterranean Gasoline Cargo Market Has Strengthened to a $8.50/mt Discount
May 16, 2013The Mediterranean gasoline cargo market has strengthened to a $8.50/mt discount to the Northwest European Eurobob barge market, the narrowest discount since March 22, Platts data shows, following demand into North Africa and potential flows ...