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Market Prices
9/05/08 Chinese Spot Price
Motor copper $7,857
#1 Bare Bright $8,543
Shred Taint $2,357
Shred Tense $2,314
#1 Nickel $33,000
Shred Zinc $2,057
304 SS Sabot $2,900
Lead $2,271
HMS $533
AOO Al Ingot $2,729

Shred SS
(Ni = 7.8~8.0%)

$2,843
Steel-making Pig Iron $611
Casting Pig Iron $700
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News

More Ban on Cards on Future Trading of C
Mumbai (ABC Live): The government may ban on trading of some more commodities after it failed to con- ...
 
Today' Top Stories
China PP market weekly review...
China PET market weekly review...
China PE market weekly review...
China scrap plastic market on May 09...
Taiwan's Formosa Plastics group seeks ethylene i...
Rebar market in China starts correcting...
Not the best time to buy iron ore – CITIC...
Jinchuan cuts electrolytic nickel price...
LyondellBasell to close PP plant at Morris after...
Rubber prices began rising even before futures d...
Govt notifies export duty on steel products...
China Drives the Demand for Copper...
 
World News More
Jinchuan cuts electrolytic nickel price    05-12
China's biggest nickel producer Jinchuan Group Limited announced cut in EXW price for electrolytic nickel by CNY 7,000 per tonne.Now, price stands at CNY 228,000 per tonne plate shaped and CNY 229,200- ...    Read full story
China Drives the Demand for Copper    05-12
THE HUGE demand for copper is being driven by an explosion in the Chinese copper market, analysts say.With the Olympics looming and the country in the middle of a construction boom, the stolen metal i- ...    Read full story
Prices could see some correction soon    05-12
Commodities, which have been in the spotlight for increasing the global inflation, could enter a bearish phase in the second half of 2008, according to global marketwatchers. They suggest that the rec- ...    Read full story
Metal More
Not the best time to buy iron ore – CITIC    05-12
Mr Rong Zhijian president of CITIC Pacific said that it is not the best time to buy iron ore from overseas market now due to the high price of mineral resources and iron ores at present.Mr Li Songxing- ...    Read full story
Copper price volatility seen high in 2008/09    05-12
The price outlook for copper in 2008/09 will remain volatile, as a myriad of macro- and microeconomic trends create a "tug of war" within the investment community, an industry analyst said a- ...    Read full story
WA sees rising iron ore prices till 2011    05-09
The Western Australian government expects the iron ore price bonanza to end in 2011/12 as prices for the valuable commodity begin to decline.In the state budget handed down on Thursday the WA governme- ...    Read full story
Plastic More
LyondellBasell to close PP plant at Morris after thirty years of production    05-12
LyondellBasell has decided to close its polypropylene plant at Morris by the end of 2008, bringing to an end, 30 years of production. The small size of the polypropylene plant makes it uneconomical to- ...    Read full story
Rubber prices began rising even before futures debut    05-12
AHMEDABAD: It's a war against inflation, and rubber has fallen victim to it. Commodity experts feel that of the four products, refined soya, chana, rubber and potato banned for futures trading on Wedn- ...    Read full story
Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended May 5, 2008    05-09
CRUDE OILCrude oil prices dipped by about two dollars in the week of May 5, 2008 to US$116 per barrel. This dip in prices can be attributed to rising levels of US weekly inventories and a recovery in - ...    Read full story
Paper and other materials More
Lack of disposal policies add to electronic waste burden    05-05
Charging your scrap dealer to take away old CDs and bargaining for a good deal on a computer could well be a thing of the past, if a government e-waste management policy comes into effect. With the re- ...    Read full story
PIX NBSK average pulp price up 9.76 euros/tonne to 577.33    04-30
The average price of European Northern Bleached Softwood Kraft (NBSK) pulp rose 9.76 euros to 577.33 eur per tonne in the week to April 27, as the euro strengthened against the dollar, according to PI- ...    Read full story
Botnia to curtail pulp production during spring and summer    04-29
Botnia said that it would cut back its pulp production during spring and summer because of shortages of wood raw material, EUWID pulp and paper reported. Since the timber situaton is most acute in Sou- ...    Read full story
Rules and regulations More
Govt notifies export duty on steel products    05-12
The government today notified imposition of up to 15 per cent export duty on various steel products to contain rise of prices of the alloy, a move that will hit the industry hard.Exports of cold-rolle- ...    Read full story
More Ban on Cards on Future Trading of Commodities as Inflation Soars to 7.61%    05-12
Mumbai (ABC Live): The government may ban on trading of some more commodities after it failed to control the Inflation .The latest whole sale price Index based Inflation raised to 7.61% as against 7.5- ...    Read full story
Call for recycling to be rewarded    05-09
The Government should back financial rewards to communities which increase recycling instead of controversial "pay-as-you-throw" bin charges to cut waste, a report has urged.The New Local Go- ...    Read full story
China Market More
China PP market weekly review    05-12
The demand from the downstream buyers was robust last week and the price of recycling material advanced in a small volume.Shandong high grade PP market moved well last week. PP safety net material 571- ...    Read full story
China PET market weekly review    05-12
PET supply in Fujian province was stable last week and the market has been well moved. PET bottle flake 1214USD per ton; Guangdong PET bottle flake was hotly snapped up. PET white clear bottle flake 1- ...    Read full story
China PE market weekly review    05-12
PE market supply was stable last week and the price slightly advanced, both the supply and the trade volume showed a rising trend. Zhejiang PE price increased last week while the high grade material - ...    Read full story
 
 
 
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