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January 26, 2016ACC’s chemical activity barometer (CAB), a leading indicator of economic activity, was up slightly at 0.1% sequentially on a three-month moving average (3MMA) during January and...
January 21, 2016US ethylene spot prices hit another seven-year low on Wednesday, amid bearish market sentiment, healthy supply, and limited storage. Ethylene traded on Tuesday at 15.50 cts/lb. The record low for ethylene since IHS Chemical began tracking daily ethylene spot trades in 2002 was 15.25 cts/lb in December 2008....
January 20, 2016During the week ended 16 January, chemical railcar traffic in North America decreased 0.8% year-over-year (YOY) as a decline in Canada offset gains in the United States and Mexico. Chemical railcar traffic during the week totaled 43,730 carloads, down 2.1% from the previous week, according to data released on 20 January by the Association of American Railroads (AAR)....
January 14, 2016
US benzene imports and exports increased in November, according to data from Global Trade Information Services (GTIS). Benzene imports to the US were approximately 220,000 m.t. in November, up by 38% from October. Net imports (imports-exports) totaled 211,000 m.t., up 38%....
January 13, 2016
During the week ended 9 January, chemical railcar traffic in North America increased 4.8% year-over-year (YOY) on gains in the US and Canada. Loadings during the week totaled 44,669 carloads, up 3.2% from the previous week, according to data released on 13 January by the Association of American Railroads (AAR)....
January 11, 2016Forecasts call for global growth to continue on a modest path. US growth is improving and expected to average more than 4%/year through 2020 (below), while Asia moderates on weakening growth in China (p. 18). European growth will continue to be sluggish (p. 19), weakness in Brazil weighs on prospects in Latin America (p. 20), and cheap oil is is putting the brakes on Mideast investment (p. 21). A review of markets and finance follows (p. 22)....
January 6, 2016During the week ended 2 January, chemical railcar traffic in North America totaled 40,999 carloads, up 13.2% from the previous week, but down 0.5% year-over-year (YOY) on declines in Canada....
January 4, 2016The US January benzene contract was confirmed on Monday to have settled at $2.12 per gallon, effective 1 January, a decline of 18 cts/gal from December and the first monthly decline in three months....
December 22, 2015ACC’s chemical activity barometer (CAB) was up 0.2% sequentially on a three-month moving average (3MMA) during December and up 1.5% year-on-year (YOY) on a 3MMA. The...
December 18, 2015Chemours, Huntsman, and Tronox have announced global price increases for on all grades of titanium dioxide (TiO2), effective 1 January. Chemours and Tronox both announced a global increase of $150/m.t. Huntsman announced increases of 7 cts/lb ($154/m.t.) in North America; €150/m.t. or $160/m.t. in Europe; and $160/m.t. elsewhere...