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Upbeat Economic News

...also well above the 9.5% expected. ong>Comong>menting on the ong>latestong> Philadelphia Fed, the survey organizers said that manufacturing activity in the region continued to grow, with “general activity, shipments, and...

Wanhua Locks in LPG Supply

...investments of up to $45 billion with partners over the next five years, including ong>planong>s to build the world’s largest integrated refinery by 2025. The ong>latestong> agreement was in line...

Casper Considers IPO

...in 2019. ong>Comong>menting on the drop of Lyft shares and not as successful Lyft IPO that went live back in April, the CEO of the ong>comong>pany, Philip Krim, didn’t ong>comong>ment...

Container Rates Update

...TEU ong>forong> the second quarter of 2020 and prior years back to 2010. Hapag-Lloyd led the pack in the ong>latestong> period, with EBIT/TEU of $146, with Maersk at $129. Chart...

Restart Updates

...and 9 cents on the week Feb. 26, while ong>forong>ward-month April ethylene was assessed at 51.75 cents/lb, up 2 cents on the day and 9 cents on the week. https:/ong>/wwwong>.spglobalong>.comong>/platts/en/market-insightsong>/latestong>-news/petrochemicals/022721-petrochemical-restart-efforts-continue-postong>-freeong>ze...

Recticel Results

...environment characterised by supply chain disruptions, by historical inflation on raw ong>materialsong>, labour, transportation and energy costs, and by economic uncertainties. Volumes have been slightly higher than in 2021, and...

Propylene Forecast

...ahead of the US ad valorem tax deadline on December 31. The lower PGP prices led PP market discussions to a yearly low of $1,147/mt FAS Houston late December. https:/ong>/wwwong>.spglobalong>.comong>/platts/en/market-insightsong>/latestong>-news/petrochemicals/010919-h1-outlook-us-polypropylene-to-depend-on-propylene-direction?utm_source=twitter&utm_medium=social&utm_content=news&utm_term=we-pet&hootpostid=88a642b8f13ecc5b6b123a03a2736dbd...

Benzene Settles Up in May

The May (styrene) increases were on the back of higher feedstock benzene contract prices, which settled at $2.84/gal ($849/mt), up 24-26 cents/gal from April. http:/ong>/wwwong>.plattsong>.com/latestong>-news/petrochemicals/houston/may-us-domestic-polystyrene-contracts-settling-26103912...

Container Traffic Jam

...of the Marine Exchange of Southern California, to get the ong>latestong> on ships in San Pedro Bay. He reported that as of midday Wednesday, 91 ships were in port: 46...

More on the Ports

...US retail sales tumbled in November, the ong>Comong>merce Department said last month, as consumers buy staple items to survive the inflation storm rather than buying televisions and ong>comong>puters. Last month, Seroka...