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Polyvinyl chloride and caustic soda: Occidental sees continued uncertainty in demand
Occidental Petroleum's chemicals division sees persistent uncertainty in demand for polyvinyl chloride and caustic soda in the first half of 2023. PVC producer OxyChem saw US PVC export demand in 2022 increase by 46%, while domestic PVC demand fell by almost 7%, in...
Ferrous scrap: European prices could rise in March
Scrap prices in Europe could rise in March. With strong Turkish demand, traders in France, Italy, Germany and Eastern Europe are expected to ask for an increase of around EUR 30/ton, although it is still too early to be certain. In some Eastern European countries,...
Copper: prices up as Chinese production data boost demand hopes
Copper prices are rebounding today after data on manufacturing activity in main consumer China boosted demand hopes. Three-month copper on the London Metal Exchange was up 1.17% (11:27 a.m. GMT+1) at $9,085 a tonne while the most traded April copper contract on the...
Copper: Grasberg mine operations return to normal
Freeport Indonesia has restored operations at its huge Grasberg mine in the Indonesian region of Papua after it was hit by flooding. The company had been forced to halt operations at its flagship mine in February after heavy rains and mudslides damaged the facilities....