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China Railway to Europe

an class="excerpt_part">...and Europe burgeoning. Beijing-based China Railway Express ran 6,300 cargo trips to its western continental neighbor last year, an increase of 72 percent, official data show. However, the line must...an>

Asia PO/PG Update

an class="excerpt_part">...unsaturated polyester resins (UPR) plants in China may only resume their pre-Lunar New Year operational levels by the end of the month, market sources said. By Matthew Chong http://www.icis.com/resources/news/2016/02/15/9969499/asia-mpg-to-take-cue-from-feedstock-po-market-in-china/...an>

Lanxess Overview

an class="excerpt_part">...compared with 2016. Successful closing of the planned acquisition of Chemtura would generate an additional earnings contribution that LANXESS has not yet included in its current guidance for 2017. http://www.chemeurope.com/en/news/162391/lanxess-a-very-successful-2016-and-a-strong-start-to-2017.html...an>

US Propylene Inventories Rise

an class="excerpt_part">...Front-month March refinery-grade propylene (RGP) was last bid at 19.875 cents/lb against no fresh offers on Wednesday, compared with the last reported trade at 22.000 cents/lb on 10 March. http://www.icis.com/resources/news/2016/03/17/9980071/us-propylene-inventories-rise-by-6-7-week-on-week/...an>

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>

Chinese Manufacturing Expands

an class="excerpt_part">...suggesting stronger demand in the non-manufacturing sector. The sub-index for construction activity remained unchanged at 59.4 in May, while that for new orders was up 2.1 points to 52.1. http://www.pu366.com/News/NewsView.aspx?nid=57338...an>

Chinese PU Market Overview

an class="excerpt_part">...end of subsidy for purchasing refrigerators which started in June, 2012. China produced 11.06 million units household freezer from January to June, increasing by 0.94% compared with the same period in...an>

Spot Container Rates Rise

an class="excerpt_part">...at the southern end of the Red Sea…” The biggest fear for energy prices, shipping costs, and supply chains is if a regional conflict erupts across the Middle East. https://www.zerohedge.com/commodities/spot-container-rates-surge-173-due-red-sea-disruptions...an>

Chinese PU Market Overview

Debt Picture

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