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spot cargoes
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Brazil's Braskem Increases Naphtha Imports with Talks Ongoing with Petrobras
Dec 18, 2015Brazil'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 ...
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Japan Spot Aluminum Premiums Rise to $90-$100/Mt Plus LME CIF
Dec 16, 2015Platts 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 ...
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Dry Bulk Atlantic: Supramax Freight Rates in Doldrums on Oversupply, Uncertain Demand
Nov 25, 2015Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
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China's Domestic Thermal Coal Prices Slumped
Jul 16, 2014Prices in China's domestic thermal coal market slumped dramatically in Monday's Asian trading session as the effect of Shenhua's cut to its thermal coal prices late last week and depressed buying interest among Chinese power plants took a ...
Tags: Thermal Coal, Coal Prices, coal
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Japanese Spot Import Prices of High-Carbon Ferrochrome Rose as Reduction of Output
Jun 13, 2014Japanese spot import prices of high-carbon ferrochrome rose this week as Indian producers cut output amid a decline in domestic chrome ore feedstock supplies, market sources said Friday. Platts assessed the spot price of high-carbon lumpy ...
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South African Richards Bay Coal Terminal's Exports of Coal in May Rose 28% Year on Year
Jun 6, 2014South African Richards Bay Coal Terminal's exports of coal in May rose 28% year on year to 5.58 million mt, which was 2.3% higher month on month, according to port operating data published Thursday. RBCT said the exports were shipped in ...
Tags: Coal, Metallurgy, Mineral, Energy
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The Asian Butadiene/Naphtha Spread Narrowed to an Eight-Month Low of $329.38/Mt
May 22, 2014The Asian butadiene/naphtha spread narrowed to an eight-month low of $329.38/mt Monday, following the closure of the arbitrage window to move Asian butadiene to the US Gulf Coast. The spread value was last lower on September 12, 2013, ...
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Trader Procurement Continued to Boost Spot Demand in The Asian Iron Ore Market
Mar 17, 2014Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...
Tags: Iron Ore Market, spot demand, steelmaker
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The Fuel Oil Physical Hi-Lo Came off a 17-Month High Tuesday Morning
Mar 6, 2014The fuel oil physical hi-lo -- the premium of 1% FOB Northwest European cargoes over 3.5% FOB Rotterdam barges -- came off a 17-month high Tuesday morning, having surged $12.75/mt to $62.75/mt Monday on fears Russia may stop or reduce gas ...
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Japan's LNG Imports in Jan Rose 1.2% From DEC to 8.18 Million Mt,Fell 0.8% Year on Year
Mar 4, 2014Japan's LNG imports in January rose 1.2% from December to 8.18 million mt but fell 0.8% year on year, data released Thursday by the Ministry of Finance showed. Australia was the largest supplier with 1.73 million mt of LNG, up 10.4% year ...
Tags: LNG Imports, Chemicals
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You Can Still Sell Coal to China, But Prices Are an Issue
Feb 27, 2014Spot deals for Indonesian thermal coal were hard to come by as bids from both Indian and Chinese buyers are not firm due to rising freight rates, sources said Tuesday. "You can still sell coal to China, but prices are an issue," a ...
Tags: Thermal Coal, Mineral
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Monday's Prices of Styrene Monomer Are The Lowest in Roughly Three Months
Feb 12, 2014Styrene monomer prices nosedived $40/mt or 2.4% Monday to $1,594.50/mt FOB Korea and $1,621.50/mt CFR China, compared to last Friday, as the Chinese market returned from the Lunar New Year holidays amid a build-up in inventory levels and ...
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South Africa's Richards Bay Coal Terminal Exported 4.6 Million Mt of Coal in January
Feb 11, 2014South Africa's Richards Bay Coal Terminal (RBCT) exported 4.6 million mt of coal in January, tumbling 33% on-month from the 6.8 million mt shipped in December, according to the latest operating data released by the port Friday. January ...
Tags: Coal Terminal, Mineral
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Chinese Thermal Coal Buyers Were Concluding Deals for March-Delivered Imported Shipments
Feb 7, 2014A few Chinese thermal coal buyers were reportedly concluding deals for March-delivered imported shipments, even as most of them were getting ready to wind up for the upcoming holidays, sources said Monday. A mini-Capesize cargo of ...
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The Asian Paraxylene Market Flipped Into Contango Monday
Jan 24, 2014The Asian paraxylene market flipped into contango Monday -- the first time in six months -- as spot supply started building up amid thin demand for prompt February cargoes ahead of the Lunar New Year holidays. The CFR Taiwan/China PX ...
Tags: Paraxylene, Chemicals