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China's Solvent-Grade Mixed Xylene Demand Halts

Apr 16, 2017

Demand for solvent-grade mixed xylene has come to a near standstill this week as the product shares the same code for imports as mixed aromatics, which is expected to have a consumption tax imposed some time between May 1 and July 1, market ...

Tags: mixed xylene, mixed aromatics

China to Eliminate Import Tax on Australian Coal

Dec 16, 2016

Australian 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

Shell and Showa Shell Sekiyu Supporting Relief Efforts in Japan

Dec 10, 2016

Shell’s Country Chairman for Japan, Chris Gunner, said “Our hearts are heavy as we reflect on the thousands of lives lost and the enormous damage due to the earthquakes and the tsunami. Shell has been part of the Japanese ...

Tags: Shell, Natural Gas

20 CAMC H6 Delivered to Huzhou Logistics

Dec 8, 2016

Since founded, CAMC has set a good reputation in the industry and won a lot of loyal customers groups with perfect product technology and superior performance. Huzhou Xinda International Logistics Company is one of the loyal customers. ...

Tags: CAMC, Huzhou Logistics

SHACMAN Orders Breakthrough 15000 Units in October

Dec 6, 2016

Recently, SHACMAN sales have achieved high growth, and the orders even developed rapidly with daily orders breakthrough 1000 units and monthly orders breakthrough 15000 units. Among them, SHACMAN Delong X3000 6×4 and new M3000 ...

Tags: SHACMAN, tractors

Analysis: US Crude Exports Hit Record in September

Nov 8, 2016

US 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

Jiefang Delivered Over 20000 Trucks in October

Nov 5, 2016

In October, Jiefang medium and heavy trucks were delivered 20800 units in total, and the sales of only one enterprise-Jiefang has achieved amazing a volume of 200 thousand. In the gloomy time, the heavy trucks industry as a whole had the ...

Tags: Jiefang, Trucks

Latin American Corn Demand Spearheads US Gulf Supramax Rebound

Aug 23, 2016

An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...

Tags: Corn Demand, US Gulf Coast

US Exported 662,000 B/D of Crude in May, Highest on Record: EIA

Jul 29, 2016

US 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

Crude Oil Imports Continue on High Run Rates

Jan 16, 2016

With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...

Tags: oil product, bitumen

Brazil's Braskem Increases Naphtha Imports with Talks Ongoing with Petrobras

Dec 18, 2015

Brazil's Braskem has been buying bigger volumes of naphtha from Europe in recent days due to low stocks in Brazil as the petrochemicals producer continues to negotiate with Brazilian state-led oil company Petrobras over the terms of a ...

Tags: Braskem, naphtha

FOB Singapore 500 Ppm Gasoil Cash Differential Nosedives Into Discount on Supply Glut

Dec 18, 2015

The 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

Japan Spot Aluminum Premiums Rise to $90-$100/Mt Plus LME CIF

Dec 16, 2015

Platts assessed spot aluminum premiums on a CIF Japan basis at $90-$100/mt plus London Metal Exchange cash on Tuesday, up from $90-$95/mt plus LME cash on Monday as sellers held on to higher premiums. Two overseas sellers said they would ...

Tags: Aluminum, LME cash

Japan LNG Demand Expected to Fall by 2020 on Nuclear Restarts, Renewables

Dec 16, 2015

Restart of nuclear reactors in Japan, growing renewable sources of energy and a slow economy are expected to push down the country's LNG consumption by 2020 by as much as 10.5% from 2014 levels, Eclipse Energy said this week. Japan's LNG ...

Tags: nuclear reactors, LNG

China May Apply Brakes to Strategic Oil Reserve Growth

Dec 16, 2015

After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...

Tags: Oil Reserve, crude, oil price

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