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Supply and Demand

Truckers Boosted Hiring at Fastest Pace Since 2015 Freight haulers added 5,600 jobs last month as companies raised driver pay and shipping prices to meet strong demand Trucking companies say...

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Trucking Crisis

...far in January I’ve had 22 loads that I either had to switch brokers, find a different carrier or pay more money, anywhere from $300 extra to $1,200 extra.” https://www.wsj.com/articles/a-shortage-of-trucks-is-forcing-companies-to-cut-shipments-or-pay-up-1516789800...

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Covestro Plans

...200,000 tonnes/year at Caojing in China coming online in early 2016, as the market allows. This will take Covestro’s total PC capacity in China to around 400,000 tonnes/year in China...

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BASF TDI Update

...issues that have caused delays and shutdowns, Elliott says. “The force majeure at our TDI plant in Ludwigshafen is still in place,” a BASF spokeswoman says. mrcplast.com Author:Anna Larionova http://www.mrcplast.com/news-news_open-379389.html...

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Not to be Denied?

...on an M&A spree: Abu Dhabi’s national oil company is separately in talks with Austria’s OMV regarding a possible merger of the two companies that could form an entity worth $30 billion. It’s not...

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Shipping Discussion

...writing talents. In the poem-song Horse Latitudes, he describes the conditions under which stalled galleons would, drifting listlessly at certain latitudes, jettison cargo so as to make their craft more...

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China Demand Puzzle

...as the standout example. Our preliminary estimate is that last year’s demand was around 4m tonnes more than in 2019. Please also study the chart below which compares the same...

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European Polyurethanes Overview

...in the next couple of years, when MDI capacity is forecast to hit 9m tonnes/year in 2020, outweighing demand by around 2m tonnes. Front page picture source: Malcolm Schuyl/Flpa/imageBROKER/Shutterstock https://www.icis.com/explore/resources/news/2020/01/09/10458207/outlook-20-europe-s-polyurethane-markets-face-a-winter-chill...

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Chinese Epoxy Update

...within a reasonable range. Therefore, under the premise that the national economic growth rate is slowing down, our hopes for epoxy resin in August should not be too optimistic. https://www.echemi.com/cms/826999.html...

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Natural Gas Prices Spike

...NatGas prices. Soaring natgas prices will only mean the cost of power will rise. We outlined the cities where power bills will skyrocket this summer as threats of rolling blackouts increase. https://www.zerohedge.com/commodities/perfect-storm-factors-sends-us-natural-gas-prices-soaring...

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