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Japan to launch first LNG futures market in 2015

Japan, the world’s biggest importer of LNG, pays about $18 per British thermal units, versus$10 in Europe and $3~4 in the U.S. It is tired of paying such a price for a resource that has become so important. So Japan

Grain-Oriented Electrical Steel Prices Dropping as Imports Spike

According to MetalMiner IndX℠ data, grain-oriented electrical steel coil prices and electrical steel coil surcharges per metric ton have both been consistently declining over the past half-year, and the GOES coil price per ton as of September 2012 is the

Coal stocks at the highest level in China

In Chinese ports, coal stocks accumulate and are currently at the highest level since autumn 2008, at the beginning of the global economic crisis. In mid-June, 9.46 million tons of coal were stored, for a total capacity of Chinese ports

Warmth Expected Across U.S. for Next Three Months

Temperatures around the U.S. have been as high as 65 degrees Fahrenheit (19.4 Celsius) above normal in the past week, with 400 record highs set yesterday, said Laura Furgione, deputy director of the National Weather Service. Warmer temperatures across the

The natural gas glut is driving down electricity prices

Mirroring the gas market, wholesale electricity prices have dropped more than 50 percent on average since 2008, and about 10 percent during the fourth quarter of 2011, according to a Jan. 11 research report by Aneesh Prabhu, a New York-based