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FrieslandCampina Posts 16.7% Drop in Profit for H1 2016

Sep 6, 2016

The profit of Royal FrieslandCampina decreased by 16.7 percent over the first half-year 2016 to 160 million euros compared to the same period in the previous financial year. Due to the significant increase in the member dairy ...

Tags: Royal FrieslandCampina, profit

Eastern China Ferrous Scrap Stable on Rising Price

Dec 28, 2015

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...

Tags: ferrous scrap, iron ore

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

Dry Bulk Atlantic: Panamax Owners Consider Lay-UPS on Weak 2016 Outlook

Dec 15, 2015

The Panamax dry bulk short period freight market is currently trading below operating costs and some owners may be tempted to lay up their vessels as the outlook for 2016 is very weak, sources said. The Panamax short period market is ...

Tags: Dry Bulk, vessels

Indonesia to Have up to 60 Uncommitted LNG Cargoes Available in 2016

Dec 15, 2015

Indonesia is expected to have as many as 55-60 of uncommitted LNG cargoes next year from the Tangguh and Bontang LNG plants, the head of upstream regulator SKK Migas' communications department, Elan Biantoro, said Monday. The available ...

Tags: LNG cargoes, Badak LNG

East Timor's Kitan Condensate No Longer Available as Field Reaches End of Life

Dec 15, 2015

East Timor's Kitan condensate will no longer be available in the spot market as the ultra-light oil field reached the end of its normal life, market sources said Monday. "After January, there will be no more [Kitan cargoes]," a trade ...

Tags: ultra-light oil field, condensate, crude

China Port Congestion Eases for Capesize Vessels

Dec 12, 2015

Congestion at most Chinese ports has eased further over the past week due to a general improvement of the weather, a port agent source said Wednesday. Dense fog, strong winds, heavy rain and snow made several China ports close from time ...

Tags: Capesize Vessels, Iron Ore

Nwe Styrene's Premium Over Feedstocks Rises 6% on Month for December

Dec 2, 2015

The Northwest European styrene monomer premium over feedstock costs has increased by Eur14/mt in December on the month, a rise of 6%, Platts calculations show. The premium hit a 2015 low in November. The December styrene contract price ...

Tags: styrene, ethylene, Ethyl-benzene

UK Day-Ahead Power Prices Move Sideways on Mixed Market Signals

Dec 2, 2015

UK day-ahead power prices were mixed on Tuesday, moving in opposite directions for the second consecutive day this week, as healthy wind supply and weak NBP spot market offset bullish influence of rising demand. At the Platts 1100 GMT, ...

Tags: gas-fired power, coal-fired power, NBP gas

Sugarcane Crush in Brazil's Parana State Down 31% in H1 November: Alcopar

Nov 25, 2015

The amount of sugarcane crushed in Brazil's Parana state in the first 15 days of November was down 31% year on year to 1.61 million mt, the Bioenergy Producers Association of Parana (Alcopar) said. Parana is one of the sugarcane producing ...

Tags: sugarcane, Bioenergy, ethanol, gasoline

RED RME Margins Rangebound as Premium Falls to One-Month Low

Nov 25, 2015

RED RME production margins in Northwest Europe remain in negative territory as the premium fell to a one-month low Monday, while feedstock prices in Europe remain strong on low availability. The differential between outright RME and ...

Tags: RED RME, rapeseed oil, oil

Higher Brazilian Ethanol Price Fails to Halt Another Demand Record in October

Nov 25, 2015

Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP. October's total was also 7% ...

Tags: hydrous ethanol, hydrous fuel, gasoline

Capp Spot Market Frozen, But Winter Could Be 'shot in The Arm' at Year-End

Nov 25, 2015

US Central Appalachian coal producers and brokers are still hoping some kind of thermal spot market will develop with winter approaching, but many in the industry said this week they aren't holding out much hope. Market players continued ...

Tags: CAPP coal, MISO coal, fossil fuel

Shandong Teapot Refiners to Ramp up Crude Imports

Nov 23, 2015

Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...

Tags: Teapot Refiners, crude oil

Shagang, Magang Cut Ferrous Scrap Buying Prices

Nov 17, 2015

Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...

Tags: Ferrous Scrap, Rebar

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