Chemical News
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China's coastal coal freight rates fall in week to April 3 Apr 04,2018
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to fall in the week to April 3, port operator Qinhuangdao Port Tuesday said. The freight rate from Qinhuangdao to Zhangjiagang in eastern China's Jiangsu province for 20,000...>>>
Pennsylvania opens second comment period on proposed methane emissions permits Apr 04,2018
Pennsylvania regulators have opened a second comment period on draft final general permits, with which the state would regulate methane emissions and other air pollutants from unconventional well sites and natural gas midstream facilities. The Pennsylvania Department of Environmental Protection announced last week the opening of a 45-day public ...>>>
Groups cite dissents at FERC in pressing for more climate considerations in MIDSHIP EIS Apr 04,2018
With the US Environmental Protection Agency now mostly mum on climate change comments, public interest groups and think tanks are stepping up pressure on the US Federal Energy Regulatory Commission over the environmental impact statement for the Midcontinent Supply Header Interstate Pipeline Project. The Institute for Policy Integrity, Environme...>>>
EU regulated CO2 emissions rise 0.2% in 2017 Apr 04,2018
Carbon dioxide emissions regulated by the EU Emissions Trading System rose marginally by an indicative 0.2% in 2017 from 2016 levels, according to partial data released Tuesday by the European Commission. The annual data showed verified CO2 emissions from about 14,000 installations across 31 countries that participate in the EU ETS, providing an...>>>
UK coal generation hits 14-month high in March Apr 04,2018
The UK coal-fired fired generation hit a 14-month high of 3.9 TWh in March, the highest since since January 2017, when output stood at 4.72 TWh, according to S&P Global Platts Analytics. UK coal fired output at 3.9 TWh Gas-fired output steady at 10.30 TWh According to Enappsys, which monitors the energy market, coal utilization in the firs...>>>
US Hampton Roads coal exports at near four-year high Apr 04,2018
Coal exports from terminals in Virginia's Hampton Roads region were at a near four-year high 3.83 million st in March, up 8% from 3.55 million st in February and 15.1% higher than the year-ago month, Virginia Maritime Association data showed Tuesday. It was the highest monthly total since 3.99 million st was exported in April 2014. Exports co...>>>
European April styrene barge CP initially settled at Eur1,325/mt, down Eur125 Apr 04,2018
The European April styrene barge contract price has initially settled at Eur1,325/mt, a seller involved in the process told S&P Global Platts on Tuesday. This marked a Eur125/mt fall for the European styrene market from March. The Eur125/mt monthly decrease was in line with bearish expectations for the contract price as production turnarounds...>>>
EMEA week ahead in European petrochemicals Apr 04,2018
OLEFINS Ethylene producers in Europe managed to push the increased cost of feedstock naphtha into the newly agreed contract price of material in Europe, despite very bearish derivative markets. With the market balanced to tight there are mixed views about whether the contract price increased will be passed downstream in coming weeks. Propyle...>>>
March acetone contracts settle 2.5 cents lower at 42.50 cents/lb: sources Apr 04,2018
US acetone contracts for March settled 2.5 cents/lb lower from February at 42.50 cents/lb, or $937/mt, sources said Tuesday. Market participants expected a cheaper settlement because of downward movement in spot pricing in reaction to more supply availability amid import arrivals from other regions and slow demand. Acetone contracts would lik...>>>
Ukraine's Jan exports of ferroalloys up 13.8% on year Apr 04,2018
Ukraine's exports of ferroalloys rose 13.8% year-on-year to 77,870 mt in January from 68,450 mt a year earlier, the state statistics service reported Tuesday. At the same time, revenues from exports of ferroalloys rose 12.5% to $88.9 million from $79 million in January 2017, the statistics service said. In January, Ukraine exported 13,360 of ...>>>
100 Spot Commodities Price Chart - 02/04/2018 Apr 04,2018
It was assessed by SunSirs that in the tracked 100 spot commodities,31 commodities increased in prices, 20 fell and 49 remained unchanged on 02/04/2018.The largest rises were Rebar (3.69%),Hot rolled coil (1.85%),Nickel (1.43%),while the largest falls ...>>>
China's threat of tariffs on US soybean sparks export sales: sources Apr 08,2018
China's threat of tariffs on US soybean, as consequence of trade measures between China and the White House, has sparked exports sales of US soybean as buyers are trying to acquire cargoes before tariffs go into effect, sources said Friday. "Ironically though, the threat of the tariffs has actually stoked up the export market now," a market part...>>>
Trade spat poses risk to tightening US crude stocks Apr 10,2018
A potential trade war between the US and China could threaten global oil demand and even target US crude exports, curbing flows that are needed to absorb booming US shale production and limit inventory builds. US crude stocks typically build this time of year US propane exports to China at risk LOOP Sour at $1.49/b discount to Dubai, CFR North...>>>
European propylene spot prices show marginal gains on balanced system Apr 10,2018
The European propylene spot market made marginal gains Friday amid a balanced system and resisting bearish expectations from market players, sources said. S&P Global Platts assessed the European spot price of polymer grade propylene for delivery 3-30 days forward at Eur921/mt Friday, up Eur3.50/mt week on week and Eur0.50/mt on the day, with Apr...>>>
EMEA: The week ahead in petrochemicals, w/c Apr 9 Apr 10,2018
Sentiment is stable in European ethylene, with supply sufficient on the back of a lighter maintenance calendar due to postponements. OLEFINS In propylene, the market is balanced amid good demand and comfortable supply with spot activity expected to pick up in the European market following the previous holiday lull. The European butadiene m...>>>
Americas: The week ahead in petrochemicals, w/c Apr 9 Apr 10,2018
US AROMATICS Pricing moved lower on the week amid expectations of improved supply while demand remained muted. Prompt spot toluene prices fell 8 cents on the week to close Friday at 264 cents/gal FOB USG while April mixed xylenes moved lower in concert, closing Friday's session at 251 cents/gal FOB USG. Sources said toluene demand from dispro...>>>
German Cal-19 power hits year-to-date high on bullish coal Apr 10,2018
German Cal-19 baseload delivery reached a year-to-date high of Eur36.95/MWh Monday morning, up 60 euro cent from Friday, on high coal prices, traders said. Cal-19 baseload last seen at Eur36.95/MWh European front-year coal up almost $1/mt EU carbon rises to Eur13.29/mt The last time the European benchmark contract was assessed this high was...>>>
Spanish nuclear output down at 5.1 GW Monday as outages overlap Apr 10,2018
Spanish nuclear output was lower than expected at 5.1 GW Monday after an outage at the 1 GW Vandellos 2 nuclear plant was extended for a further week. The plant was due back online at the weekend, on April 6, but its operator Centrales Nucleares Asco Vandellos 2 (ANAV) said in a note on its website Saturday that it had found a leak and decided t...>>>
Australia raises LNG export price forecast, trims volume expectations Apr 10,2018
The Australian government has revised up its forecast of the country's LNG export price for the current and next fiscal years, while trimming back its expectations for export volumes, it said Monday in the Resources and Energy Quarterly. In the report released by the Department of Industry, Innovation and Science, it said it is now expecting A...>>>
NYMEX May natural gas futures fall 2.1 cents to $2.680/MMBtu as demand eases Apr 10,2018
NYMEX May natural gas futures declined overnight ahead of Monday's open, as abating weather-related demand support reflected more on the market than did the below-average end-of-withdrawal-season inventory level. At 6:40 a.m. ET the contract was down 2.1 cents at $2.680/MMBtu. Previous estimates from the US Energy Information Administration p...>>>