IHS Chemical Week
ECONOMICS

Rare Europe-to-Asia arbitrage opens as Europe's benzene market lengthens

A rarely seen arbitrage between Europe and Asia for benzene has opened and reportedly been worked as Europe still struggles to deal with length in its domestic system heading into March. Given recent expansions in Asia's aromatics capacity, the more usual...

China's January CPI rises slowest since November 2009

China's consumer price index (CPI) for January inched 0.8% higher year-on-year, down from 1.5% in December 2014 and its slowest increase since 0.6% in November 2009, the National Bureau of Statistics (NBS) said Tuesday. The NBS names rising food prices as a...


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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...

Prices

Styrene spot prices up, Europe most expensive region

Styrene monomer spot prices have risen sharply in the last week, jumping from $900/m.t. fob Rotterdam to $1,020/m.t. fob Rotterdam between 30 January and 9 February—continuing a bull run, which began in the last 10 days of January, when Europe went from...

CW75

CW75 Stock Performance

The CW 75 index increased 0.9% for the week ended 24 February, outpacing the S&P 500, which rose by 0.7%, but lagging the MSCI World Index, which was up 1.1%....











 
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