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Pakistan’s PSO likely to avoid Nov fuel oil acquiring as nation proceeds shift to LNG
State-owned Pakistan State Oil is most likely to miss gas oil imports for shipment in November as the nation’s power generation sector proceeds its shift to LNG, a firm source claimed today. PSO has actually acquired simply 65,000 mt of 180 CST high sulfur gas oil with optimum sulfur content of 3.5% for October shipment…
Approximated once a week ethanol production margin dips on stronger corn
The estimated once a week production margin for a normal US Midwestern dry-mill ethanol plant dipped 4.5 cents, or 11.7%, to 34.04 cents/gal Friday as the boost in the average provided feedstock corn cost was higher than that of the ethanol cost. The approximated margin was calculated using information from Platts and also federal government…
China’s 2 significant detoxified terephthalic acid makers to reduce run prices to 80% in the middle of thin margins
China’s two significant cleansed terephthalic acid manufacturers– Zhejiang Yisheng Petrochemical Co. and also Hengli Petrochemical– revealed plans to reduce manufacturing prices due to thin margins, resources near the firms claimed Thursday. The statement by China’s two biggest PTA producers Thursday have actually resulted in a sharp upswing in PTA futures on the Zhengzhou Asset Exchange.…
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The Love of Ottosen 386 