Global Petrochemical Overhauls
Markets across the globe are taking a serious look at production and capacities, and recently have seen a wave of consolidation in the face of trade issues and tariffs. Most recently, South Korea announced a reduction of Naptha cracking capacity of nearly 25%. Many other markets are taking a close look at both supply and […]
Markets Monitor Fed Decision, Rate Cuts
Markets are largely pricing in a fed rate cut at the upcoming September meeting. According to CME, markets are pricing in an 87% probability of a quarter point cut, though the future beyond that is murky. Labor markets have largely driven Fed decisions and negotiations, and recent data released in August seems to support a […]
EU Tariff Agreement Exceeds Expectations
Understanding the nuances of the US-EU trade agreement—especially the recently established 15% tariff threshold—can help importers make informed decisions and effectively manage costs on new shipments. At The Chemical Company, we have worked collaboratively with both our internal and external partners in customer service, regulatory affairs, and customs to clarify the impact of the updated […]
Seasonal Products In Scope
As summer is in full-swing, planners and purchasing managers slowly start to turn their attention to fall and winter bids, requirements and budgets. The effects of historically low crop prices on fertilizer production, and the severity (or lack thereof) of this year’s winter and requirements for antifreeze and windshield wash are two key sectors TCC […]
Economic Results & Outlook
The US economy, as dictated by quarterly GDP, rebounded by 3.0% for Q2, after a slight contraction in Q1. Inflation rose slightly in the past month, depending on which analysis is reviewed, as many eyes remain on the Fed and their rate decisions as well as the impact of tariffs on consumer spending and outlook. […]
