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Propylene Naptha Spread in Asia

...at the Asian close Oct. 12, Platts data showed. LPG typically becomes economically viable as a steam cracking feedstock when its price is 90% that of naphtha, or lower. https://www.spglobal.com/platts/en/market-insights/latest-news/oil/101321-asias-propylene-naphtha-spread-touches-near-six-week-high-on-stronger-propylene...

Spot Propylene Over $1.05/lb

...a complex at Freeport, Texas, with three crackers able to produce a combined 3.2 million mt/year, two LDPE units with 552,000 mt/year and 186,000 mt/year HDPE; Dow’s Seadrift, Texas, complex...

Even Air Freight is Tight

...for faster service. At the head of the line are e-commerce shippers, automakers that need components to keep assembly lines running, pharmaceutical manufacturers and retailers like Peloton (NASDAQ: PTON) with...

Lithium and China

...often happens in commodities, where the cure to high prices is more supply, leading to lower prices, this high-profit, high-demand environment has encouraged miners to skirt regulations. Some companies had...

Even Air Freight is Tight

Chinese Propylene Economics

...in end-September, has not signed any term contract to secure propane feedstock as well. It bought 20,000 mt propane cargoes via tender for Jan 1-10 delivery, Platts reported earlier. https://www.spglobal.com/platts/en/market-insights/latest-news/oil/012320-china-pdh-processing-losses...

Benzene Expected to Rise

...moon,” said an aromatics broker with regards to this possibility, “monthly and inevitable.” US April prompt spot benzene closed higher this week within a range of $2.53-2.67/galFOB (free on board) on confirmed...

U.S. Housing

...decrease from the previous year, further confirming the view that “high rates reduce housing demand, but also more significantly reduce housing supply”. Figure 1: US Housing Completions, Housing Starts &...

Wanhua Updates

...materials, and help the development of high-tech products in structural materials. upgrade. Green development and artificial intelligence have become important engines for the high-quality development of the chemical industry. The...

Freight Rates

...[than pre-pandemic]. And nondurables are not even that far off the peak. So, we have not seen a big consumption drop-off. There’s still a lot of demand out there.” https://www.freightwaves.com/news/if-supply-chain-crunch-is-finally-easing-why-is-inflation-so-high?j=202061&sfmc_sub=63552105&l=256_HTML&u=4094441&mid=514011755&jb=27008&sfmc_id=63552105...