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Demand recovery to gradually ease China's aluminum surplus: SIC report

Demand recovery to gradually ease China's aluminum surplus: SIC report

China's surplus aluminum supply is expected to ease gradually as demand recovers from the transport, machinery, construction, power and electronic sectors, State Information Commission said in a report on its website Friday. As compared with other commodities with "absolute su >>

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  • 100 Spot Commodities Price Chart - 23/01/2015 01/26

    It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 37 fell and 42 remained unchanged on 23/01/2015.The largest rises were Benzene (4.09%),Toluene (2.17%),Anilin>>>

  • US corn weekly net export sales soar to 15-month high: USDA 01/26

    Weekly net export sales of US corn for the reporting week ended January 15 soared to a 15-month high, Department of Agriculture data showed Friday. Weekly corn net export sales soared 1.36 million mt to 2.19 million mt, the highest level since the reporting week ended October >>>

  • Ferrous scrap prices fall in eastern China on lower steel prices 01/26

    Ferrous scrap prices fell in eastern China for the third consecutive week, as steel mills in the region continued cutting scrap buying prices on falling steel prices. Platts assessed heavy melting scrap 6mm and above thick at Yuan 1,800/mt (9/mt) in eastern China Friday, Ja>>>

  • Analysis: Indian gold remains at discount to London; global spot price volatile 01/26

    Over the past two weeks, the price of physical gold offered in India has been at a discount to the London spot price -- having started the year at a premium -- mainly due to a pickup of the international price, sources said. Indian gold premiums/discounts are a barometer of th>>>

  • NWE methanol market bracing for Asian imports: sources 01/26

    The European methanol market is being targeted by Asian producers looking to capitalize on an opening arbitrage, sources said Friday. A trading source said at least 30,000 mt of methanol was heading to ARA from Malaysia for sale on the spot market. Waning demand in the Asia>>>