The balance-month Med/NWE gasoline spread swap -- the differential between the balance-month Mediterranean cargoes swap and the equivalent Eurobob gasoline barge swap -- narrowed Wednesday, due to a weaker Northwest paper European market, ...
Tags: Gasoline, NWE paper market
The ferrous scrap market was stable in eastern China this week, in tandem with the finished steel and rebar futures markets, market participants said Friday. Most traders were bearish, expecting further price cuts in the short term. ...
Tags: Ferrous Scrap, Rebar, finished steel
East China's ferrous scrap prices fell sharply this week amid weaker raw material, finished steel and steel futures markets in the first-half of the week. Platts assessed heavy scrap over 6 mm at Yuan 2,320/mt ($377/mt) on a delivered ...
Tags: Ferrous Scrap, Raw Material, Steel Markets
Pork producers are being encouraged to consider taking advantage of the current strong hog market by locking in prices on the futures market for a portion of their production. As the result of fears over the potential impact of Porcine ...
Tags: Pork producers, current strong hog market, hog supplies
Uncertainty surrounding total swine herd losses to porcine epidemic diarrhea virus has sent lean hog futures for spring and summer contracts to record-high levels, but it's possible the markets have overreacted, a Purdue Extension ...
Tags: PEDv, Demand for pork, avoid the disease
Continued pressure from ample global wheat supplies pushed all three futures markets lower this week. Increased export demand and threats of winterkill lent some support midweek. CBOT March wheat dropped 10 cents to $5.56/bu. KCBT fell 12 ...
Tags: Wheat
The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
All three futures markets fell to contract lows this week, pressured by rising global supplies that will compete with U.S. exports. CBOT and KCBT March contracts each lost 15 cents this week to close at $6.14/bu and $6.57/bu, respectively. ...
Tags: all three futures markets, US, Wheat Price
According to media report that weak Purchasing Managers' Index for China released by HSBC dropped to 50.5 in the month of December sending the signal of sluggish economy of China to Chinese equities and futures markets. As results, the ...
Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 29.7 million barrels per day (b/d) in November, the lowest volume since mid-2011 when the uprising in Libya significantly reduced the ...
Tags: Platts, OPEC, oil production, Platts survey of OPEC
Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: ...
Tags: platts, petrochemical, analytic, report, shale, gas, boom
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...
China, the world's top rice producer and consumer, will start trading Japonica rice futures on Nov. 18 on the Zhengzhou Commodity Exchange (ZCE), the exchange center said on Tuesday. ZCE has received approval from the China Securities ...
Tags: Rice Futures, rice producer
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
The financial supervisory commission (FSC) of Taiwan was reported to enable banks, insurance firms and Qualified Domestic Institutional Investors (QDIIs) in the Chinese mainland to make investments in the local securities and futures ...