IHS Chemical Week

Archives :: Economics :: Prices

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September 26, 2008
Despite a spike in crude oil prices and low operating rates at Gulf Coast crackers hit by recent hurricanes, U.S. spot ethylene prices lost a penny last week, a testament to how weak...
September 22, 2008
Air Products says it will increase schedule pricing on liquid oxygen and liquid nitrogen by 8%, liquid argon and liquid and bulk hydrogen by 12%, and liquid and bulk helium by 15%-30%...
September 22, 2008
An unprecedented run-up in feedstock and energy costs coupled with a worsening global economic slowdown, has dogged the European petrochemical industry in what should have been its...
September 22, 2008
Our running tab of positive indicators slipped (by two) to nine out of 20 this week. As a result, we continue to post a yellow banner.   Consumer Prices ↓ 0.1%; ↑ 5.4%...
September 19, 2008
The Chinese government has increased its export tax on urea from 135%, to 175%-185% for the rest of 2008, PotashCorp says. The increase is expected to reduce Chinese export supplies...
September 19, 2008
Hurricane Ike did little damage to U.S. Gulf production, however, it did send oil prices lower. Meanwhile, pre-storm plant closings, post-storm power outages, and personnel...
September 15, 2008
Our running tabe of positive indicators remains at 11 out of 20 this week.  As a result, we continue to post a yellow banner. Please refer to the end of this report for an...
September 12, 2008
Dow Chemical, Shell Chemical, BASF, Equistar, and MEGlobal have each declared force majeure on ethylene oxide (EO) and/or glycols in the U.S. due to the impact of Hurricane Gustav...
September 12, 2008
Symrise’s Scent & Care division says it has boosted prices “by up to 10% and more” for select products, effective immediately. The price hikes are “not very...
September 12, 2008
DuPont Titanium Technologies (DTT), Kronos Worldwide, and Tronox have each announced titanium dioxide (TiO2) price increases in North America. Prices at all three companies will...
September 12, 2008
Sliding feedstock costs and softening demand continue to chip away at U.S. spot ethylene prices, which lost 3 cts/lb despite production losses due to Hurricane Gustav in the Gulf...
September 8, 2008
Cytec says it will increase prices by 5% for its entire range of ultra-violet/electron beam curing specialty resins in Africa, Europe, and the Mideast, effective September 15 •...
September 8, 2008
Natural soda ash producers General Chemical Industrial Products, Solvay Chemicals, and FMC say they will increase the price of off-list bulk and packaged soda ash shipments in North...
September 8, 2008
Tosoh F-TECH says it increased prices for 2,2,2-Trifluoroethanol worldwide by ¥300/kg ($2.73/kg), effective September 1 • Dow Europe says it increased prices for all grades of...
September 8, 2008
Gulf Coast Hurricane Gustav only minimally damaged oil and chemical infrastructure last week, and crude and chemical prices continued to drop. Spot ethylene prices were flat, despite...
September 8, 2008
Macroeconomic Status Our running tab of positive indicators rose one to 10 out of 20 this week. As a result, we continue to post a yellow banner.     Existing Home Sales...
August 26, 2008
Chemical makers may welcome the recent retreat in energy prices but lower raw material costs are already creating downward pressure on chemical pricing. Crude oil hit $145/bbl in...
August 25, 2008
Continued rising raw material and operating costs are prompting some pigment and printing ink suppliers to raise prices and/or add surcharges. Transportation costs, a weakening U.S. dollar, and a tight supply-demand balance for oil are also pressuring prices, suppliers say....
August 25, 2008
J.M. Huber’s Huber Engineered Materials says it will raise prices globally by up to 15% for its dental, paper, and specialty silica grades, effective August 15-September 1 or as...
August 25, 2008
Asian spot ethylene glycol (EG) prices have nosedived this month due to falling crude oil prices and severely reduced demand, sources say. Spot prices in Asia dropped $100/m.t. last...
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