IHS Chemical Week

European benzene stronger ahead of CP talks

With European spot prices for benzene moving back up to $700 per mt CIF ARA, a triple digit increase in the April contract price looks feasible as the length which weighed on March discussions has been cleared by an ongoing open arbitrage to the US during...

Prayon raises phosphate prices as the euro continues its downward slide

Prayon (Engis, Belgium), a leading producer of phosphate raw material and fertilizers, has announced a price increase of its phosphate products worldwide. The increase of around €100/m.t. of P2O5 in Europe will take effect on 1 April 2015, and covers the...

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Leading Indicators

Fed On Course

The leading indicator for the chemical industry has declined for two consecutive months, another sign that the economy may be heading for slower growth. However, there caution should be used when interpreting the latest calculation of the indicator. A...

Vital Statistics

Profits Slip

0perating earnings of U.S. corporations fell 0.3% in the first quarter of 2012—the first drop since the recovery in earnings that began in early 2009. Profits have more than doubled since then, and the earnings share of GDP has advanced from 6.9% to a...


March toluene contract price talks at an impasse in Europe

Discussions on the March toluene contract for Europe reached an impasse Tuesday with no further settlements forthcoming initial price of $668/m.t. agreed Friday, according to IHS Chemical data. The $668/m.t. was between a $133-138/m.t. increase on the...


CW75 Stock Performance

The CW 75 index increased 0.3% for the week ended 18 March, lagging the S&P 500, which rose 1.5%, and the MSCI World Index, which increased 1.4%....

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