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Everchem Updates

VOLUME XXI

September 14, 2023

Everchem’s Closers Only Club

Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: read more

Current year-to-date ( YTD ) data is through March 2022.

Imports: Mattresses and other bedding products

Total Imports Compared to the same month a year ago

25.59%

Compared to last month

11.99%

Total All Imports Compared to the same month a year ago

25.14%

Compared to last month

26.67%

RankAmong U.S. Imports

111

Rank 2021

111

U.S. imports of Mattresses and other bedding products totaled $504.31 million in March, a change of 25.59 percent from the same month one year ago. The change from one month ago was 11.99 percent. Among more than 1,260 commodity classifications, Mattresses and other bedding products ranked No. 111 in March. It had ranked No. 111 for the same month last year.

While Mattresses and other bedding products ranked No. 111 in March by value, it ranked No. 89 by tonnage. The top three U.S. markets by value for Mattresses and other bedding products imports in March were (1) China, (2) Mexico, and (3) Indonesia. Among the nation’s more than 450 airports, seaports and border crossings, the top three by value were (1) Oil, (2) Passenger vehicles, and (3) Cell phones, related equipment.

Current year-to-date ( YTD ) data is through March 2022.

Imports: Mattresses and other bedding products

Total Imports Compared to the same month a year ago

25.59%

Compared to last month

11.99%

Total All Imports Compared to the same month a year ago

25.14%

Compared to last month

26.67%

RankAmong U.S. Imports

111

Rank 2021

111

U.S. imports of Mattresses and other bedding products totaled $504.31 million in March, a change of 25.59 percent from the same month one year ago. The change from one month ago was 11.99 percent. Among more than 1,260 commodity classifications, Mattresses and other bedding products ranked No. 111 in March. It had ranked No. 111 for the same month last year.

While Mattresses and other bedding products ranked No. 111 in March by value, it ranked No. 89 by tonnage. The top three U.S. markets by value for Mattresses and other bedding products imports in March were (1) China, (2) Mexico, and (3) Indonesia. Among the nation’s more than 450 airports, seaports and border crossings, the top three by value were (1) Oil, (2) Passenger vehicles, and (3) Cell phones, related equipment.

May 31, 2022

Lockdown Lifted

Shanghai Is Finally Lifting Its COVID Lockdown

by Tyler DurdenTuesday, May 31, 2022 – 06:00 PM

After another two months of misery and lockdowns, Shanghai is finally starting to lift its Covid restrictions (again).

Authorities in the Chinese city have started “dismantling fences around housing compounds and ripping police tape off public squares and buildings”, according to a report published on Tuesday by Reuters

On Monday night, residents were being allowed out of their compounds for the first time in two months, the report says. Despite the lockdowns starting to come to an end, “there was a sense of wariness and anxiety among residents,” Reuters reported. 

Joseph Mak, who works in education, commented: “I feel a little nervous. It’s hard to believe it’s actually happening.”

Not only has the recent bout of lockdowns triggered public protests and anger in the city of more than 25 million people, it also threw another sizeable wrench into the global supply chain at a time when the world could least afford it. 

Shanghai government spokeswoman Yin Xin told reporters this week: “This is a day that we dreamed of for a very long time. Everyone has sacrificed a lot. This day has been hard-won, and we need to cherish and protect it, and welcome back the Shanghai we are familiar with and missed.”

Despite the lockdowns being lifted, residents will still have to test every 72 hours to take public transportation and those who test positive will still be subjected to China’s “normal” quarantine procedures. 

Shanghai brought COVID under control at “very significant personal and economic cost”, commented Julian MacCormac, chair of the British Chamber in China. He continued: “What has materially changed to ensure that this will not happen again? That’s where the uncertainty lies.”

Todd Pearson, managing director of Camel Hospitality Group added: “I’m hopeful that they will rush things along to restart the economy. I just hope it’s not at the cost of more outbreaks. I’m not sure many businesses or the people could handle much more.”

Qu Weiguo, a professor at the Fudan University school of foreign languages even wrote online: “The Shanghai government needs to make a public apology in order to obtain the understanding and support of the people of Shanghai and repair the damaged relationship between the government and the people.”

https://www.zerohedge.com/markets/shanghai-finally-lifting-its-covid-lockdown

May 31, 2022

Lockdown Lifted

Shanghai Is Finally Lifting Its COVID Lockdown

by Tyler DurdenTuesday, May 31, 2022 – 06:00 PM

After another two months of misery and lockdowns, Shanghai is finally starting to lift its Covid restrictions (again).

Authorities in the Chinese city have started “dismantling fences around housing compounds and ripping police tape off public squares and buildings”, according to a report published on Tuesday by Reuters

On Monday night, residents were being allowed out of their compounds for the first time in two months, the report says. Despite the lockdowns starting to come to an end, “there was a sense of wariness and anxiety among residents,” Reuters reported. 

Joseph Mak, who works in education, commented: “I feel a little nervous. It’s hard to believe it’s actually happening.”

Not only has the recent bout of lockdowns triggered public protests and anger in the city of more than 25 million people, it also threw another sizeable wrench into the global supply chain at a time when the world could least afford it. 

Shanghai government spokeswoman Yin Xin told reporters this week: “This is a day that we dreamed of for a very long time. Everyone has sacrificed a lot. This day has been hard-won, and we need to cherish and protect it, and welcome back the Shanghai we are familiar with and missed.”

Despite the lockdowns being lifted, residents will still have to test every 72 hours to take public transportation and those who test positive will still be subjected to China’s “normal” quarantine procedures. 

Shanghai brought COVID under control at “very significant personal and economic cost”, commented Julian MacCormac, chair of the British Chamber in China. He continued: “What has materially changed to ensure that this will not happen again? That’s where the uncertainty lies.”

Todd Pearson, managing director of Camel Hospitality Group added: “I’m hopeful that they will rush things along to restart the economy. I just hope it’s not at the cost of more outbreaks. I’m not sure many businesses or the people could handle much more.”

Qu Weiguo, a professor at the Fudan University school of foreign languages even wrote online: “The Shanghai government needs to make a public apology in order to obtain the understanding and support of the people of Shanghai and repair the damaged relationship between the government and the people.”

https://www.zerohedge.com/markets/shanghai-finally-lifting-its-covid-lockdown

Now running at $0.595/lb for May Chemical Grade Propylene