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New Home Sales

<span class="excerpt_part">...supply. New-home <strong>purchase</strong>s are seen as a timelier barometer of the market, as they&rsquo;re tabulated when contracts are signed, while sales of previously-owned homes are calculated when contracts close. https:/<strong>/www</strong>.bondbuyer<strong>.com</strong>/articles/new-home-sales-rose-in-december-as-property-prices-declined?feed=0000015a-fd07-d271-a55f-fdf727ec0000...</span>

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Benzene Update

<span class="excerpt_part">...imported material to meet consumption. However, imports were at a low level in the second quarter, according to the <strong>latest</strong> US International Trade <strong>Com</strong>mission (ITC) statistics. According to market sources,...</span>

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Housing Starts Fall in February

<span class="excerpt_part">Housing starts drop in Feb, setback likely temporary Craig Warga | Bloomberg | Getty Images A worker talks on a mobile phone while it snows during construction of a residential...</span>

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More on Inventories

<span class="excerpt_part">...so on as traders realize that the US is about to be hit with a historic liquidation wave as retailers rush to dump tens of billions in excess inventory. https:/<strong>/www</strong>.zerohedge<strong>.com</strong>/markets/target-crashes-after-cutting-profit-outlook-2nd-time-two-weeks-due-excess-inventory...</span>

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Dow Posts Strong Quarter

<span class="excerpt_part">...focus on consumer markets such as automotive and electronics. The <strong>com</strong>pany, in a bid to reduce its exposure to volatile <strong>com</strong>modity markets, has sold billions of dollars of assets over...</span>

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BASF in Dubai

<span class="excerpt_part">...opening of this development laboratory marks the <strong>latest</strong> addition of top German <strong>com</strong>panies to our growing <strong>com</strong>munity and we look <strong>for</strong>ward to building successful synergies <strong>for</strong> years to <strong>com</strong>e.&rdquo; https:/<strong>/www</strong>.zawya<strong>.com</strong>/mena/en/story/BASF_inaugurates_regional_development_laboratory_at_Dubai_Science_Park-ZAWYA20181029113448/...</span>

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European Benzene

<span class="excerpt_part">...undergoing a turnaround at its 170,000 mt/year styrene plant in Kralupy, Czech Republic, which will last until mid-May, the <strong>com</strong>pany said last week. This <strong>com</strong>es after indus<strong>try</strong> sources said Trinseo's...</span>

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Panama Canal Congestion

<span class="excerpt_part">...result, some MDI suppliers have recently raised their quotations. PMDI prices in South America have moved up from the previous USD 1,900/tonne to the current range of USD 1,950-2,000/tonne. https:/<strong>/www</strong>.pudaily<strong>.com</strong>/Home/NewsDetails/42390...</span>

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Debt Picture

<span class="excerpt_part">...the highest in a decade. As confirmation, expect delinquency trends to turn sharply higher over the <strong>com</strong>ing months as higher interest rates <strong>com</strong>e home to roost. Source: NY Fed https:/<strong>/www</strong>.zerohedge<strong>.com</strong>/news/2018-02-13/household-debt-rises-572-billion-ends-2017-new-all-time-high...</span>

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More on IDA Impact

<span class="excerpt_part">...Louisiana ACN, melamine Shut down 27-Aug With additional reporting by Li Li Chng, Jasmine Khoo, Jonathan Chou, Samuel Wong, Judith Wang and Clive Ong Focus article by Nurluqman Suratman https:/<strong>/www</strong>.icis<strong>.com</strong>/explore/resources/news/2021/08/30/10679519/asia-petrochemicals-brace<strong>-for</strong>-impact-as-hurricane-ida<strong>-for</strong>ces-us-outages...</span>

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