Chemical News
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Indian utilities' fiscal 2015-16 thermal coal imports fall 11.8% to 80.47 mil mt Apr 20,2016
Indian power utilities imported 80.47 million mt of thermal coal in fiscal year 2015-2016 (April-March), down 11.8% on year, according to latest data from India's Central Electricity Authority. Of the total, 36.98 million mt was imported by 37 utilities in the 12-month period as against a target of 42 million mt for blending purpose, the data s...>>>
Power generation from Turkey's three largest dams soars in Q1 Apr 20,2016
Power generation from Turkey's three largest hydro dams reached 3.7 TWh over the first quarter of the year, up 147% on the 1.5 TWh generated over the same quarter in 2015, data from state generating company EUAS showed according to a report from state news agency Anatolia late Monday. The sharp rise in generation was largely due to increased pr...>>>
Energy Transfer Equity, Williams deal hits another speed bump Apr 20,2016
The proposed acquisition of The Williams Companies by Energy Transfer Equity appeared to hit another speed bump this week as the latter company said it could not confirm that the deal would carry the tax advantages its advocates once hoped for. The would-be merger partners had anticipated that under Section 721(a) of the US tax code the deal wo...>>>
Eastern Canadian grades strengthen to highest levels since October Apr 20,2016
Eastern Canadian crude differentials rose to their highest points since October on Tuesday, boosted by seasonal demand. Platts on Tuesday assessed June cargoes of Hibernia, Terra Nova and White Rose 35 cents/b higher at Dated Brent plus 45 cents/b, plus 30 cents/b and plus $1.10/b, respectively. The grades rose a similar amount in the middle of...>>>
China alumina prices supported as SHFE aluminum hits 8-month high Apr 20,2016
The Platts ex-works Shanxi alumina spot assessment stood at Yuan 1,980/mt ($306/mt) full cash terms on Tuesday, up Yuan 20 from Monday, up Yuan 30 on the week and Yuan 50 on the month. Alumina prices have been tracking domestic metal prices higher this week, and are expected to continue testing higher in the near term should aluminum prices rem...>>>
100 Spot Commodities Price Chart - 18/04/2016 Apr 19,2016
It was assessed by SunSirs that in the tracked 100 spot commodities,37 commodities increased in prices, 15 fell and 47 remained unchanged on 18/04/2016.The largest rises were Steel I bean (2.56%),Aniline (2.30%),Acetone (2.21%),while the largest fall...>>>
Falling feedstock prices lead to higher EU ethanol margins Apr 19,2016
Estimated crush margins for European ethanol producers increased at the end of last week as feedstocks came under pressure and buying interest led to higher ethanol prices. Platts T2 ethanol assessment Friday rose Eur12/cu m from Thursday to Eur468/cu m, the highest level in 47 days, while feedstocks were mostly softer or saw only minor moves h...>>>
Net long gold COMEX positions extend to 4.5-year high: CFTC Apr 19,2016
Managed-money investors increased net long gold positions on US commodity exchange COMEX to 170,634 contracts for the week to April 12, the highest level since September 2011, data from the US Commodity Futures Trading Commission showed Monday. The figure is up 12% from 152,758 contracts the previous week and is the largest weekly addition for ...>>>
Analysis: Samarco aftermath lowering iron ore quality aids premiums Apr 19,2016
The iron ore market is seeing a shift back to stronger premiums to ensure supply of higher grade products including fines, concentrates and pellets, on the back of supply dynamics in the Atlantic market and steel price increases led by China, according to sources in Europe and trade analysis by Platts. The collapse of a tailings dam at Samarco'...>>>
Rhodium rally stalled at $740/oz: recycler A-1 Specialized Services Apr 19,2016
The rally in rhodium prices that began in late February appears to have stalled, with numerous sellers now offering at $740/oz, according to analysts with US platinum-group metals recycler major A-1 Specialized Services & Supplies. "There appears to be a steady flow of selling at $740[/oz] and above, which has capped the market for now," A-1 an...>>>