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Chinese Benzene Update

an class="excerpt_part">...be smaller than expected. Given the lower inventory level, increment demand from new SM plants and potential opening of Asian-U.S. arbitrage window, market participants need not worry too much. http://www.ccfgroup.com/newscenter/newsview.php?Class_ID=D00000&Info_ID=20160623111...an>

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Labor Markets Tighten

an class="excerpt_part">...few changes for “Janet Yellen’s favorite labor market indicator”: following a comprehensive data revision, the number of job openings rebounded to 5.626 million, beating expectations of a 5.45 million print,...an>

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BASF Urethane Highlights from Investors Call

an class="excerpt_part">...development of Global Chemical Production. Based on currently available data, global chemical production stagnated compared with the prior-year quarter on account of weaker global demand. Among the large chemical markets,...an>

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Spot Propylene Update

an class="excerpt_part">...market has remained steady within the same period. Spot propylene in Europe down again on supply According to the weekly average data obtained from ChemOrbis Price Wizard, spot propylene prices...an>

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Industrial Production Surges

an class="excerpt_part">...(well above all analyst expectations). This is the 2nd biggest MoM spike in production in 8 years. Despite declining global economic data and weakness across US-specific data, Industrial production jumped...an>

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REACH Impacts Epoxies

an class="excerpt_part">...the European Chemicals Agency (ECHA) in Helsinki. This process can take several years and requires all businesses registering the same substance to share data to limit animal testing and compensate...an>

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Chinese PO Prices Spike 37% in Sept

an class="excerpt_part">...and agricultural farming activity should boost diesel consumption. Market players are hopeful of more stimulus policies as consumption, although improving, is far from pre-pandemic levels. Analysis by Yvonne Shi https://www.icis.com/explore/resources/news/2020/10/06/10560220/china-september-chemicals-buoyed-by-firm-demand-supply-pressure...an>

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Housing Drops

an class="excerpt_part">...Price growth to continue its modest deceleration in August (the latest available data in this heavily lagged and smoothed data set), but the result was a doozy: the 20-City Composite...an>

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Propylene Overview

an class="excerpt_part">...Harvey. Effects from the hurricane delayed the unit’s commissioning schedule, and the company had said it expected to start up the unit in November. While market sources have said that...an>

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LyondellBasell Announces August Increase for PP Following Propylene Hikes

an class="excerpt_part">...since September 2019, S&P Global Platts data showed. PGP contract prices remain at an 11-year low and were last lower January 2009 at 22 cents/lb, according to Platts data. https://www.spglobal.com/platts/en/market-insights/videos/market-movers-americas/062920-rig-count-rises-pandemic-pressures-us-commodities...an>

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