IHS Chemical Week

Archives :: Economics :: Prices

Displaying 1 - 12 of 881 stories.
May 26, 2016
Para-xylene (p-xylene) producers JX Nippon Oil and Energy (Tokyo), Idemitsu Kosan (Tokyo), and SK Global Chemical (Seoul) have nominated June Asia contract prices at $840/m.t. cfr...
May 25, 2016
Sinopec has reduced its list price for styrene by 100 renminbi/m.t., to Rmb7,900/m.t. ex-tank at the company's eastern and northern subsidiaries. This is equivalent to $995/m.t. on an...
May 13, 2016
Purified terephthalic acid (PTA) futures on the Zhengzhou, China, commodity exchange have shed 308 renminbi/m.t., or 6.24%, between 3 May and 13 May, weighed down by a sell-off in...
May 12, 2016
Persistently low crude oil prices and cheaper Chinese domestic toluene parcels have pushed toluene spot prices across Asia below $600/m.t. this week. Toluene spot prices in eastern...
May 11, 2016
The balance of negotiations for Europe's para-xylene (p-xylene) contract is likely to change, following the recently completed acquisition by Indorama Ventures (Bangkok) of...
May 11, 2016
PT Styrindo Mono Indonesia (SMI) halted operations at a 240,000-m.t./year styrene production line on 10 May due to a technical glitch. The line will be down for about 16 days, the...
May 6, 2016
Petrochemical futures on China’s commodity exchanges have plunged today following a directive by the Securities Regulatory Commission (Beijing) to curb speculation. The order...
May 5, 2016
The Chinese currency fell against the US dollar for the third consecutive session today after the People’s Bank of China set the currency's reference rate to 6.5218. This is the...
May 5, 2016
The IHS Materials Price Index (MPI) rose 1.7% during the week ending 25 April on a 5.9 % gain in oil, making its third consecutive increase. Ferrous metals recorded a 1.3% gain, while...
May 4, 2016
April saw a remarkable turnaround for Europe's phenol-acetone industry. Phenol producers began the month pushing hard for increases on contract premiums over benzene, known as...
May 3, 2016
The May contract price for benzene in Europe settled at $680/m.t., down $18/m.t. from the April settlement because the market for May is pricing amid improved supply.   An...
April 27, 2016
Despite a small uptick in US benzene spot prices this week, the US May benzene contract is expected to decline, following stable to weaker spot prices for much of April. The stable benzene market came alongside volatility in energy during the month and a drop in demand from downstream sectors. But overall, the US benzene market is still long, which is also expected to factor in a lower settlement....
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