ME-METALShttp://me-metals.com/The Middle East Mines And Metals Directory.COPYRIGHTChina’s polymer futures test new lowsPolymer futures on China's Dalian Commodity Exchange (DCE) rebounded slightly today after hitting fresh 16-year lows yesterday, hit by the global spread of the coronavirus and slumping crude prices.http://me-metals.com/News/NewsDetails.aspx?NID=89918991Tue, 31 Mar 2020 00:00:00 GMTQueensland tightens FIFO mine worker movementsThe Queensland state government has tightened the number of mine workers travelling from Australia's other states to only those critical to operations to combat the spread of the coronavirus outbreak.http://me-metals.com/News/NewsDetails.aspx?NID=89908990Tue, 31 Mar 2020 00:00:00 GMTChina’s PMIs rebound on returning March demandChina's steel sector purchasing managers index (PMI) rose in March, as steel demand resumed with more production restarts with the country's coronavirus outbreak deemed to be under control.http://me-metals.com/News/NewsDetails.aspx?NID=89898989Tue, 31 Mar 2020 00:00:00 GMTIndia’s BPCL cuts petchem refinery rates on lockdownIndia's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.http://me-metals.com/News/NewsDetails.aspx?NID=89888988Tue, 31 Mar 2020 00:00:00 GMTApril PX ACP fails to settleNegotiations for the April paraxylene (PX) Asia Contract Price (ACP) have failed to settle because of a wide bid-offer gap amid the current volatile market situation.http://me-metals.com/News/NewsDetails.aspx?NID=89878987Tue, 31 Mar 2020 00:00:00 GMTJG Summit shuts Batangas cracker after power failurePhilippine petrochemical producer JG Summit has shut its 480,000 t/yr cracker in Batangas following a power outage yesterday.http://me-metals.com/News/NewsDetails.aspx?NID=89868986Tue, 31 Mar 2020 00:00:00 GMTIndia petrochemical market ends financial year on a lowIndian petrochemical producers are facing a tough start to the country's new financial year, as a nationwide lockdown to curb the spread of coronavirus slashes sales and limits distribution.http://me-metals.com/News/NewsDetails.aspx?NID=89858985Tue, 31 Mar 2020 00:00:00 GMTScrap supply shock limits Turkish availabilityGlobal ferrous scrap availability has diminished to such an extent amid supply shutdowns caused by the coronavirus outbreak that Turkish mills are now finding it increasingly difficult to source new cargoes, limiting their ability to drive prices down further.http://me-metals.com/News/NewsDetails.aspx?NID=89848984Tue, 31 Mar 2020 00:00:00 GMTUS to offer gradual easing of Venezuela sanctionsThe US government would suspend oil sanctions on Venezuela in the early stages of a political transition plan that was to be laid out by senior US officials this morning.http://me-metals.com/News/NewsDetails.aspx?NID=89838983Tue, 31 Mar 2020 00:00:00 GMTCommerzbank: ETF holdings of gold rise but fall for platinumExchange-traded-fund holdings of platinum have fallen sharply this month, while holdings of gold keep rising, Commerzbank said. After big inflows last week, holdings in gold ETFs tracked by Bloomberg increased by another 16 metric tons Monday, putting them above 90 million ounces or over 2,800 tons for the first time, the bank pointed out.http://me-metals.com/News/NewsDetails.aspx?NID=89958995Tue, 31 Mar 2020 00:00:00 GMT