IHS Chemical Week
ECONOMICS

JX Nippon, SK global chemical nominate September p-xylene contract price at $850

12:09 AM MDT | August 26, 2016 | Sok Peng Chua

Para-xylene (p-xylene) producers JX Nippon Oil & Energy Corp. (Tokyo, Japan) and SK global chemical Co. Ltd. (Seoul, South Korea) have separately nominated their September Asia contract price at $850 per metric ton CFR, sources close to the negotiation...

N. America weekly chemical rail down 0.7% YOY on declines in Canada and Mexico

10:12 AM MDT | August 24, 2016 | Clay Boswell

During the week ended 20 August, chemical railcar traffic in North America decreased 0.7% year over year (YOY) as declines in Canada and Mexico offset a slight increase in the United States. For all of North America, chemical railcar traffic during the week totaled 42,253 carloads, up 1.5% from the previous week, according to data released on 24 August by the Association of American Railroads....

CW75

CW75 Stock performance

August 22, 2016

The CW75 index rose 0.7% for the week ended 16 August, beating the S&P 500, which was down 0.2%, and lagging the MSCI World Index, which was up 1.1%....

Macroeconomics

ACC's CAB expands for sixth consecutive month

August 23, 2016 | Jing Chen

American Chemistry Council's (ACC) chemical activity barometer (CAB), an index of activity in the chemical industry, rose 0.4% in August, the sixth consecutive monthly increase, on a three-month moving average (3MMA). On a year-on-year (YOY) basis, CAB rose...

Prices

Prompt benzene supply issues open steep backwardation in European market

August 9, 2016 | IHS Chemical staff

The steep backwardation for benzene spot prices between August and September indicates that prompt availability, which emerged as an issue at the end of July, continues to trouble the European market. IHS Chemical data for 8 August show the...





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