Yesterday morning, the DOJI Group announced a selling price of
VND46.12 million per tael ($2,196) (one tael is equivalent to 0.5oz)
then lowering to VND45.95 million ($ 2,188). The Sai Gon Jewellery
Company (SJC) price reduced VND320,000-440,000 per tael. SEE MORE Naphtha's prompt timespreads have been trading in narrow backwardations
of US$8.25-9.50/ton since the beginning of October because of sliding
gasoline values in Europe. Meanwhile, naphtha's CFR Japan November swap
stood US$8/ton higher at US$935. Naphtha's November and December
East-West (EW) spreads, the differential between Asian and European
prices, were at US$2 and US$8/ton respectively. SEE MORE The company has been working on the “very, very significant piece of innovation” for some time, Nielsen told Ethanol Producer Magazine.
With use of Avantec, a typical 100 MMgy U.S. ethanol plant could go
from using 900,000 tons of corn a year to 877,500 tons of corn and still
produce the same amount of ethanol. SEE MORE Sales and earnings before interest, tax,
depreciation and amortisation (EBITDA) for the company’s silicones
business were up 7% and 10% to €432.1m and €57.4m
respectively, as higher volumes and favourable exchange rates helped to
offset price pressures on silicone production, according to Wacker. The
unit produces silicone-based emulsions, elastomers, sealants and resins. SEE MORE Crude for December delivery was at $86.05 a barrel in
electronic trading on the New York Mercantile Exchange, up 32
cents, at 1:30 p.m. Singapore time. The contract settled at
$85.73 yesterday, the lowest since July 10. Prices are down 13
percent this year. SEE MORE