20/05/2013 03:45' PM
Copper may rise almost 10 percent to
as much as $8,000 a metric ton if it climbs above May’s high of
$7,480, according to technical analysis by Marex Spectron Group.
20/05/2013 03:35' PM
The contract for delivery in October on the Tokyo Commodity
Exchange gained 0.6 percent to settle at 289.5 yen a kilogram
($2,823 a metric ton), the highest level at the close since May
13. Futures pared this year’s loss to 4.3 percent.
20/05/2013 03:21' PM
SINGAPORE (ICIS)--Asia will be exporting huge volumes of toluene
to the US in May and June, easing the long supply in the region, which
may curb the recent fall in prices, market sources said on Friday.
16/05/2013 04:08' PM
Tracking a weak global trend, copper prices fell marginally by 0.10% to
Rs 401.25 per kg in futures trade today as speculators offloaded their
16/05/2013 03:55' PM
ASIAN higher cost polyvinyl chloride (PVC) producers are facing the
twin squeeze of increased electricity costs and very competitive exports
from the US, according to an industry source the blog met with in
Taipei, ahead of tomorrow and Friday's 2013 Asia Petrochemical Industry
16/05/2013 03:46' PM
SINGAPORE (ICIS)--Asia acrylonitrile-butadiene-styrene
(ABS) prices trended higher in the first half of May gaining up to
$50/tonne (€39/tonne) to the relief of suppliers though demand remains
weak amid slow end-user orders, market participants said on Thursday.
15/05/2013 03:35' PM
Iron ore prices will remain strong
into 2014 on sustained demand in China, the largest producer of
steel, and as an increase in global supply takes longer than
expected, according to Morgan Stanley.
14/05/2013 04:29' PM
Rubber fell from a two-month high,
snapping a five-day winning streak, as a rebound in Japan’s
currency against the dollar cut the appeal of yen-based futures.
14/05/2013 03:30' PM
Friday provided a good test of the blog's analysis that Japan's aggressive policy of devaluing the yen could result in major downward pressure on crude oil prices:
14/05/2013 03:09' PM
LONDON (ICIS)--The May European paraxylene (PX) contract has been fully
confirmed at €1,120/tonne ($1,455/tonne), a rollover from the previous
month, as the initial settlement received further support from players on Monday.
SINGAPORE (ICIS)--Spot purified terephthalic acid (PTA) prices in Asia may fall further after falling to a six-month low last week, ...
SINGAPORE (ICIS)--China’s annual methanol
demand for non-traditional uses is expected to grow by more than 20% in
the next ...
Volatile movement was seen in oil prices in the week of February 14, 2011. After rising ...