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Albemarle raises elemental bromine prices

12:04 PM MDT | March 27, 2015 | Vincent Valk

Albemarle yesterday said it is raising prices for elemental bromine and bromine derivatives by 30%. The increases will be effective immediately or as soon as contracts permit. Clear brine fluids for oil drilling applications are not included in the price...


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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...

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...

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...

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...

Americas Styrenics cuts polystyrene prices

Americas Styrenics says it is cutting transaction prices for all grades of polystyrene (PS) by 9 cts/lb, effective 1 January. The cut will “supersede all previously announced price changes,” the company says. Americas Styrenics, one of the largest...

ICL raises prices of phosphorus-based flame retardants

ICL Industrial Products, a segment of Israel Chemicals Ltd. (ICL; Tel Aviv), announced price increases of 5-10% for selected phosphorus-based registered-Fyrol flame retardants. The price increases are effective immediately, or as contracts...

IHS cuts 2015 crude oil price forecast sharply

IHS has cut its crude oil forecast sharply with the latest dated Brent projections lowered by about $22/bbl in 2015 and $11/bbl in 2016, according to IHS December Global Crude Oil Markets Short-Term Outlook. As a result, dated Brent is now expected to average...

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