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China Imports The Gasoil to Better Margins

Nov 7, 2014

A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...

Tags: Gasoil, sulfur gasoil, crude oil

LPG Prices Drifted Lower in South and East China

Oct 27, 2014

Both imported and domestically produced LPG prices drifted lower in South and East China this week, mainly weighed down by the bearish market outlook, trade sources said Friday. Asian LPG prices slid to near 28-month lows Thursday, ...

Tags: LPG Prices, LPG

The Market Combines Areas Where Business Is Reasonably Good

May 8, 2014

According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...

Tags: Long Steel Demand, steel products

On-Going Supply Difficulties Continue to Support US Steel Sheet Pricing

Apr 16, 2014

On-going supply difficulties continue to support US steel sheet pricing, though market sources were divided Monday as to whether a peak had been reached. One large-volume hot-rolled service center buyer said there's "nothing out there" ...

Tags: Steel Sheet, automobile

High Inventories Have Pushed The Spot Price of Monoethylene Glycol in China

Feb 26, 2014

High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...

Tags: MEG Prices, Domestic Market

Home Prices in 20 Major U.S. Cities Rose in October by The Most in 20 Years

Jan 2, 2014

Home prices in 20 major U.S. cities rose in October by the most in 20 years, according to Standard & Poor's. S&P's Case-Shiller index said property prices rose 13.6% from October 2012 in the 20 cities, the most since February 2006, after ...

Tags: home prices, Case-Shiller index, property prices

Outlook for Coatings Producers in Europe Has Suddenly Brightened After Prospects

Sep 13, 2013

The outlook for coatings producers in Europe has suddenly brightened after prospects for higher sales and profits appeared to be gloomy earlier in the year. The financial results of some leading players among coatings producers and raw ...

Tags: Construction, Coatings

Relative Strength in Premiums Showed Continued Upward Momentum Wednesday

Sep 13, 2013

Relative strength in premiums for the sour Middle Eastern crude market seen in recent days showed continued upward momentum Wednesday, as Asian refiners look to cover winter requirements and Chinese buyers look to re-stock, trading sources ...

Tags: Premiums, Metallurgy, Mineral, Energy

Naphtha Was Assessed at $914.5/Mt CIF NWE Wednesday, up $2.50 on The Week

Aug 27, 2013

Polyethylene producers are targeting higher prices in September amid increases in feedstock naphtha and improved economic data, sources said this week. Naphtha was assessed at $914.5/mt CIF NWE Wednesday, up $2.50 on the week. The average ...

Tags: Polyethylene, Chemicals

The Inventory of Iron Ore at Chinese Ports Has a Further Increase

Jun 26, 2013

As of June 24, inventory of iron ore at 25 major Chinese ports amounted to 75.18 million mt, indicating an increase of 520,000 mt or 0.7 percent compared to June 17, as announced by China's Xinhua News Agency. As of the same date, the ...

Tags: Iron Ore, Chinese ports, Mineral

Styrolution Europe Raised Operating Rates at Its Acrylonitrile-Butadiene-Styrene Plant

Jun 14, 2013

Styrolution Europe has raised operating rates at its acrylonitrile-butadiene-styrene plant at Antwerp, Belgium to 80-85% capacity in June, a company source said Wednesday. The 250,000 mt/year ABS unit was running at 70-75% capacity in ...

Tags: Chemicals

Styrolution Will Increase The Selling Price on All Polystyrene Grades by 4 Cents/lb

May 3, 2013

Styrolution will increase the selling price on all polystyrene grades by 4 cents/lb ($88/mt) effective Wednesday, the company said in a letter to customers. Styrolution cited feedstock price increases in the letter, sent Tuesday. The ...

Tags: Styrolution, All Polystyrene Grades

Iron Ore Miners Appear Set for a Sustained Bull Run as Iron Ore Prices Resurge

Dec 28, 2012

Proactive Investors reported that iron ore miners appear set for a sustained bull run as iron ore prices resurge after declining five straight months on the back of strong Chinese growth and falling inventories. Fortescue Metals Group was ...

Tags: China, Iron Ore, Proactive Investors, iron ore prices, metal market

Long Steel Mills Worldwide Were in General Bothered by Lack of Demand

Dec 13, 2012

According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, in November this year long steel mills worldwide were in general bothered by lack of demand, the rise in scrap ...

Tags: steel, Mineral

Non-LST Normal Butane in The US Gulf Gained 14.1 Cents on The Week

Dec 11, 2012

Non-LST normal butane in the US Gulf has gained 14.1 cents on the week, Platts data showed Friday, on low inventories and seasonal blending demand, market sources said. Non-LST butane prices were heard trading at $1.90/gal Friday morning, ...

Tags: normal butane, low inventories, seasonal blending demand, market sources

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