ECONOMICS

CW's Asia Chemical Prices for the Week Ended March 12, 2010

  Naphtha CFR Far East   747.0-749.0 Ethylene FOB Korea   1105-1115 Propylene FOB Korea   1270-1280 Benzene FOB Korea   910-920 Toluene FOB Korea   850-860 Butadiene FOB Korea   1910-1920 Acrylonitrile CFR Far East  ...

ACC's Economic Outlook for the Week Ended March 12, 2010

Our running tab of positive indicators remains at 15 out of 20 this week. As a result, we continue to post a green banner....


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Leading Indicators

Fed Changes Course

The leading indicator for the chemical industry fell slightly in February after several months on an upward trajectory. Meanwhile, the Federal Reserve recently raised the discount rate from 0.5% to 0.75%, the first such increase since July 2006, amid concerns...

Vital Statistics

Manufacturing Expands

The U.S. economy grew at an annualized rate of 5.9% in the fourth quarter 2009, according to revised estimates by the Bureau of Economic Analysis. Initial estimates pegged growth at 5.7%, but a more moderate decline in inventories coupled with a stronger...

Prices

CW's China Polymer Prices for the Week Ended March 12, 2010

  Product YUAN/MT PP Injection Ex-factory 10375 - 10425 PP Raffia Ex-factory 10375 - 10425 LDPE Film Ex-factory 12495 - 12505 LLDPE Film Ex-factory 11295 - 11305 HDPE Film Ex-factory 10395 - 10405 PS-GP (general purpose) Ex-factory 11600 PVC Suspension...

CW75

CW75 Stock Performance

The CW 75 Index rose 1.8% for the week ending March 9, slightly lagging broader markets, including the Morgan Stanley global composite and the Standard and Poor’s 500, which increased 2.2% and 2%, respectively. Basic chemical shares rose 2.3%...

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