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Asian paraxylene/mixed xylene spread narrows to 53-month low

Asian paraxylene/mixed xylene spread narrows to 53-month low

The spread between paraxylene and feedstock isomer-grade mixed xylene narrowed to /mt Wednesday, its smallest in more than four years, as PX prices fell further than MX due to excess supply from new PX plants. PX was assessed down /mt from Tuesday to 7/mt FOB Korea an >>

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  • Eastern China steelmakers cut ferrous scrap buying prices on

    Eastern China steelmakers cut ferrous scrap buying prices on

    http://www.chemnet.com
    Steel mills in eastern China cut ferrous scrap buying prices over the weekend, in line with declines in rebar prices. Jiangsu Shagang Group, the largest scrap user in China, on Sunday cut its buying price by Yuan 20/mt (/mt) in tandem with falling rebar prices, a company sou>>>

  • China manganese: Export offers halt downward trend on higher

    China manganese: Export offers halt downward trend on higher

    http://www.chemnet.com
    Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices had seen a rebound amid tightening supply>>>

  • 100 Spot Commodities Price Chart - 26/05/2015 05/27

    It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 25 fell and 53 remained unchanged on 26/05/2015.The largest rises were Urea (2.10%),PP (1.50%),LDPE (>>>

  • Latin American steel imports grow 20% in Q1, grab one-third 05/27

    Latin American steel imports jumped to 6.1 million mt in the first quarter, up 20% from the 5.1 million mt imported in the year-ago quarter, Alacero, the region's steel association, said Tuesday. Imports of rolled steel currently represent 34% of the region's consumption, "whi>>>

  • Egypt's Carbon Holdings signs financing deal for petrochemic 05/27

    Egypt's privately owned Carbon Holdings has signed a debt financing deal with the UAE's Gulf Capital ahead of the planned construction later this year of a major petrochemicals complex at Ain Sokna on the Suez Canal. The five-year Dirham 92 million ( million) loan will fina>>>

  • Colombia's Q1 coal production down 5% on-year, 2015 forecast 05/27

    Colombian coal output in the first quarter of 2015 fell 5% year-on-year to 23.2 million mt, due to the ongoing nighttime rail restriction on the Fenoco coal railway, the country's national mining agency (ANM) said late Friday. The agency said it now expected coal output in 201>>>

  • Market conditions keeping Alliance from bringing 5 million s 05/27

    Poor market conditions are preventing Alliance Resource Partners from bringing online nearly 5 million st of thermal coal this year at several operations, including its new Gibson South underground mine in southern Indiana, according to Joseph Craft III, the company's president a>>>