IHS Chemical Week
ECONOMICS

Sinopec settles January contract prices for p-xylene, PTA, EG

2:12 AM MST | January 18, 2017 | Sok Peng Chua

Sinopec has settled its January contract price for para-xylene (p-xylene) at 7,110 renminbi/metric ton, up 240 renminbi/metric ton ($35) from December. This is equivalent to $863/metric ton on an import-parity basis. The p-xylene January average spot price to...

South Korea's p-xylene exports reached a new high in 2016, PTA exports fell to a record low

1:53 AM MST | January 17, 2017 | Sok Peng Chua

Source: Korea Customs Service. South Korea’s 2016 para-xylene (p-xylene) exports rose by 572,214  metric tons or 9.8% year-over-year (YOY), to 6.43 million metric tons (MMt), according to the latest data released by the Korea Customs Service...

CW75

CW75 stock performance

January 16, 2017

The CW75 index rose 0.7% for the week ended 10 January, beating the S&P 500, which was up 0.5%, and lagging the MSCI World Index, which was up 1.3%....

Macroeconomics

McKinsey: US could undergo manufacturing renaissance through several improvements

January 13, 2017 | Jing Chen

The US economy could potentially have a fresh start for a manufacturing renaissance, according to experts at McKinsey & Co. during the Chemical Marketing & Economics Group’s (CM&E) discussion on the country’s economic outlook held 11...

Prices

Asia benzene/p-xylene spread widens to $70/metric ton

January 10, 2017 | Sok Peng Chua

The Asian benzene/para-xylene (p-xylene) spread widened to $70/metric ton Tuesday as benzene continues its relentless climb since the start of 2017. Between 3 January and 10 January, spot benzene gained $110/metric ton, or 13.4%, and p-xylene lost $16/metric...





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