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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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USW Obiected to Lifting The Long-Standing Crude Oil Export Ban
Aug 3, 2015Leo W. Gerard, international president of the United Steelworkers (USW), has testified before the US Senate Banking, Housing and Urban Affairs Committee, reiterating his opposition to lifting the long-standing crude oil export ban, ...
Tags: crude oil, export ban
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Tyson Foods Is Exploring New Export Markets for Its Pork Products
Aug 19, 2014US-based food company Tyson Foods is exploring new export markets for its pork products in the wake of a recent export ban from China. The Agricultural Department said last week that China is blocking future pork imports from six ...
Tags: Tyson Foods, Food
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Chinese Spot Alumina Prices to Edge Higher in Q4
Aug 18, 2014China's ex-works Henan spot alumina price closed the week Friday at Yuan 2,470/mt ($401/mt) for 70:30 cash and credit payment terms, unchanged from Thursday and a week ago. Sentiment stayed strong for the near term, and alumina prices ...
Tags: Spot Alumina, Alumina, Mineral
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The Global Aluminium Market Has Seen a Remarkable Improvement
Jun 23, 2014The global aluminium market has seen a remarkable improvement in its fundamental outlook, Bank of America Merrill Lynch said in a research note Thursday. "The improvement in market balances has perhaps been most outstanding for aluminium, ...
Tags: Aluminium, aluminium market
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Rusal Said It Is Bullish Prospects for The Aluminium Market and The Price Is Undervalue
Jun 13, 2014Russian aluminum producer Rusal said Monday that it is bullish on the near term prospects for the aluminium market and believes that the price is undervalued. "A number of influential factors that have emerged in recent weeks cause the ...
Tags: Aluminum Market, raw materials
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Colombian Coal Exports in March Fell to Their Lowest Level in a Year, at 3.331 Million Mt
May 15, 2014Colombian coal exports in March fell to their lowest level in a year, at 3.331 million mt, down 18.1% from February, data from statistics agency DANE showed. The monthly export volume drop-off corresponded to a ban imposed in January on ...
Tags: Coal Exports, thermal coal
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Goldman Sachs Has Upgraded Nickel Price Forecasts on The Indonesian Ban on Nickel Exports
Apr 18, 2014US investment bank Goldman Sachs said Wednesday it has upgraded its three-month and six-month nickel price forecasts on the back of the Indonesian ban on nickel ore exports. The bank notes that following a fragmented Indonesian election ...
Tags: Goldman Sachs, Nickel
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US Miner Drummond Restarted Coal Loadings From Its Colombian Export Terminal Late Monday
Apr 3, 2014US miner Drummond restarted coal loadings from its Colombian export terminal late Monday after its environmental restrictions were lifted following a three-month export ban, the company said in a statement. The miner's Colombian ...
Tags: Export Terminal, US miner, Coal Loadings
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Australia's Nickel Mine Production Is Set to Fall 11% Year on Year to 215,000 Mt
Apr 1, 2014Australia's nickel mine production is set to fall 11% year on year to 215,000 mt in the current 2013-14 fiscal year and refined nickel production to rise 2.2% to 138,000 mt, the country's Bureau of Resources and Energy Economics forecast in ...
Tags: Nickel Output, nickel mine, nickel exports
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Shipment of Indonesia's Concentrate Ores Overseas Have Been at Standstill
Feb 7, 2014JAKARTA, Jan. 27 (Xinhua) -- Shipment of Indonesia's concentrate ores overseas have been at standstill since the government's mineral ores export ban came into effect on Jan. 12, official said here on Monday. The government has required ...
Tags: mineral ores, Hence, export, Susilo Siswoutomo
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The Price of Imported Nickel Ore in China Could Jump More Than 50%
Jan 20, 2014The price of imported nickel ore in China could jump more than 50%, following Indonesia's export ban on the product which took effect January 12, Macquarie Commodities Research said in a report Tuesday. Nickel ore stocks in China are ...
Tags: Nickel Ore, Export Ban
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Indonesia Bans Announces That Its Export Ban on Raw Minerals Excluding Iron Ore
Jan 16, 2014Indonesia's Ministry of Energy and Mineral Resources has announced that its export ban on raw minerals has come into the effect as of Sunday, January 12, to encourage domestic processing of minerals. In last minute changes made at the ...
Tags: Indonesia, export ban, raw minerals
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Spot European-Delivered Thermal Coal Traded a Hefty $4 Higher in Early Trading Wednesday
Jan 10, 2014Spot European-delivered thermal coal traded a hefty $4 higher in early trading Wednesday, as an intervention by Colombian President Juan Manuel Santos cast fresh doubts on whether US producer Drummond will manage to evade an export ban in ...
Tags: Thermal Coal, Mineral
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Nickel Prices Are Likely to Be Pushed Higher in 2014
Dec 20, 2013Nickel prices are likely to be pushed higher in 2014 if Indonesia introduces an export ban on laterite nickel ore, which would tighten supply particularly for China, according to Dan Loughner, the head of Australian nickel producer Western ...
Tags: nickel ore, pollution, energy