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Platts
Peru's Xstrata copper operations operating normally despite demonstrations - Platts
A company source from the mine, who asked not to be identified, said Thursday that operations at the mine continue as usual, but its output is being accumulated instead of being trucked to the Matarani port. Farmers from the Espinar region have been ...
Ukraine's exports of alumina in March up 5.8% year-on-year - Platts
Ukraine's exports of alumina rose 5.8% year-on-year to 134350 metric tons in March from 126940 mt in March 2011 and also up from 133760 mt exported in February, a government official said Tuesday, citing a statistics report. Revenues from exports of ...
Australian Santos hopes to start gas supply from Sangu-11 by end May - Platts
Australian Santos hopes to start supplying gas from its offshore Sangu-11 well to the Bangladesh Power Development Board by the end of this month as the state-owned electricity supplier has agreed to pay for transport charges, sources close to the ...
Italy's Polimeri to return to toluene spot market 'late June': source - Platts
But the source said that Polimeri had stopped running its toluene disproportionation (TDP) unit in Priolo, Italy, following the "conclusion of a TDP campaign" to coincide with a scheduled turnaround at Polimeri's Sarroch aromatics unit, which is fed by ...
Ukraine's flat rolled steel exports down 8.7% year-on-year in March - Platts
Ukraine's exports of flat rolled steel fell 8.7% year-on-year to 610220 metric tons in March from 668670 mt in the same month a year ago, a government official said Tuesday, citing preliminary figures. But exports in March were 40.2% up from 435320 mt ...
Japan to gather LNG producers, consumers for public forum in September - Platts
The LNG Producer-Consumer Conference will attract around 500 delegates from some 100 national and international oil and gas companies as well as ministers or equivalent officials from some 20 producing and consuming countries, the source said.
Iran not discussed at EU foreign ministers meeting: source - Platts
The subject of Iran was not even brought up, the source said. "In the formal meeting, zero," the source said when asked if Iran was mentioned during the ministers' meeting. As part of the EU's measures against Tehran adopted in February, member states ...
Platts Petrochemical Analysis: Asian benzene falls on concerns over Greece - Platts
"On-spec product has been made since daybreak today," the source said, adding that the run rate will be gradually increased, although the target run rate was not disclosed. In Japan, NS Styrene Monomer plans to restart its 230000 mt/year No.
Platts Petrochemical Analysis: Asian paraxylene at lowest level in 2012 - Platts
In plant news, South Korea's Honam Petrochemical aims to restart its 500000 mt/year SM plant at Daesan May 13, one day later than estimated, a source said Thursday. The plant was shut May 1 due to an unexpected disruption in the supply of feedstock ...
ASIA SPOT LNG: Platts June JKM up at $17.90/MMBtu on sparse summer supplies - Platts
"Problems at Yemen continue to be seen as a factor keeping prices high," a source said, adding that Yemeni supply issues could ease if additional Tangguh supplies, on top of what is being marketed, would be tendered heading into summer.
UK's Tullow Oil seeks out buyers to divest all Asian assets: source - Platts
Tullow has begun seeking out buyers for its Asian assets, which are located in Bangladesh and Pakistan, said the source who declined to be named. "Tullow commenced the process of divesting its Asian assets in March 2012," the source said, ...
Thailand's BST curtails supply, all activity after fire: source - Platts
Thailand's Bangkok Synthetics (BST) has halted feedstock supply, a source close to the company said Wednesday, in the wake of the weekend fire that killed 12 at its facility at Map Ta Phut, Rayong. In addition, the company's subsidiary BST Elastomers ...
China's NDRC submits 12th Five Year Plan gas targets to Cabinet: official - Platts
"The plan should have already been submitted and will be made public once it is approved," said the official who declined to be named, adding that the plan will set out natural gas supply and demand forecasts over 2011 to 2015.
China's domestic alumina prices likely to firm on Indonesian bauxite export tax - Platts
China's domestic alumina prices are expected to firm in the near term following news that Indonesia has imposed a 20% export tax on bauxite effective May 6, Chinese industry sources said this week. The move upwards, however, will be limited by a ...
Traders slash ABS prices as butadiene, crude tumble: market sources - Platts
Asian acrylonitrile-butadiene-styrene prices are falling rapidly this week as traders and dealers -- the middle men between buyers and producers -- slash prices on the back of tumbling feedstock and crude oil prices, market sources said.
India changes stance on Iran; says needs to look beyond energy needs - Platts
A source close to Essar told Platts Monday that the company had been instructed by the oil ministry to cut its imports of Iranian oil. Meanwhile, Iran foreign ministry spokesman Ramin Mehmanparast expressed the hope that the US would not be successful ...
US propylene contracts for May could drop 7-12 cents/lb: sources - Platts
US propylene contracts for May could drop anywhere from 7-12 cents/lb given falling spot prices that have resulted from continued lackluster demand from key downstream markets, market sources said Monday. US spot polymer-grade propylene was heard done ...
TRADER NOTE: Westport fuel oil traders head to Louis Dreyfus - Platts
TRADER NOTE: Hector Ramirez, Alex Kopko and Robert Carr will leave Westport Petroleum's US office in Nashville in mid-May to move to Louis Dreyfus in Houston to set up Louis Dreyfus' new fuel oil trading unit, sources said Monday.
Ukraine's April iron ore output up 2.1% on year: official - Platts
Ukraine's production of iron ore and iron ore concentrate rose to 6.7 million mt in April from 6.56 million mt in the year-earlier month, a government official said Monday, citing preliminary figures. But output fell month-on-month from 6.75 million mt ...
Germany's Helm leaves polymer business: source - Platts
"Helm has been trying to build up a long-lasting [polymers] business with a [solid] growth prospect," the source said. "Over the past few years, we want to build a critical mass for polymers...but with no success." "We're not in a typical 'cherry ...
UK GAS: Bullish momentum maintained on falling storage levels - Platts
The bullish drive from the front, coupled with forecasts of cool weather, aided in lifting prices for later dated contracts, the source said. The UK Met Office said in its 6 to 15 day forecast that it will be "largely dry across northern parts of the ...
Rusal Guinea alumina plant yet to resume full operations, but port loadings start - Platts
Russia's Rusal resumed alumina loading operations Saturday at the port of Conakry in Guinea after extremists enforced a three-and-a-half week stoppage, a source close to the port said over the weekend. But operations at Rusal's bauxite and alumina ...
ASIA COAL: Prices stable in quiet trade ahead of May Day holiday - Platts
But market sources said they believed that demand from China would rise in the near term. Markets in China, Singapore and India will be closed on Tuesday for Labour Day holiday. "Buyers are holding back...now. India and China seem to be quiet," a ...
Argentina buys two more LNG cargoes; fears stop in Repsol supplies - Platts
ENI and Excelerate will deliver the cargoes to a floating regasification terminal in Bahia Blanca in the southern part of Buenos Aires province, the source said. Enarsa had been seeking eight cargoes in the tender, but warned ahead of receiving bids ...
Platts Petrochemical Analysis: Asian benzene prices edge up - Platts
Japan's largest refiner JX Nippon Oil & Energy has settled its May Asia Contract Price for benzene at $1195/mt CFR, up $5/mt from its April settlement of $1190/mt CFR, a source close to the company said Friday. The conclusion was lower than the ...