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​Rotterdam LSFO bunker premiums surge on limited prompt availability

Rotterdam-delivered low sulfur fuel oil (LSFO) bunker premiums surged on a lack of prompt availability in the ports of Rotterdam and Antwerp, traders said.

12-17-2014 10:24:33

Sudden Surge in PP Market

On December 15, domestic polypropylene market witnessed an unexpected surge, going up by CNY100/mt, within one day after two-week continuous drop, resulting in active transactions.

12-17-2014 10:01:26

PX industry meets opportunities and challenges

According to statistics, the self-sufficiency rate of PX in China has decreased from 66% in 2010 to 50% in 2013. It was estimated that that figure would remain at 50% in 2014.

12-16-2014 16:55:13

OPEC insisted not cutting output, crude price continued slump

OPEC Secretary-General El-Badri announced on December 15th(Monday)that it can bear a slowdown in oil price, and some key officials of OPEC cited that they wouldn’t reduce the output, w

12-16-2014 11:36:53

Steam coal prices recover slowly in Changzhi

The steam coal market in Changzhi, Shanxi has trended to recover since September.

12-16-2014 11:18:55

Shanxi writes off nine coal mines

Coal-rich Shanxi province canceled totally nine coal mines from January to November, 2014, including seven ones put to be under construction and two ones being shut down, the Shanxi Administ

12-16-2014 10:40:56

International crude oil continued slidding amid negative factors from IEA

On December 12th(Friday), IEA predicted that oil prices would soften further and international crude futures continued declining sharply next year, amid expectation of lower demand and overs

12-15-2014 16:37:06

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