Mexico Surpasses China as the Leading Trade Partner of the US

Mexico Surpasses China Square - The Chemical Company

For the first time in twenty years, Mexico has surpassed China as the primary source of imports to the United States. This shift is attributed to several factors, including the ongoing diplomatic tensions between the US and China, which began with the imposition of tariffs by the Trump administration in 2018. Additionally, a change in […]

Financial Markets React to Federal Reserve Data: Oil Prices Rise as Natural Gas Plummets

Financial Markets React Square - The Chemical Company

The Federal Reserve has adopted a more cautious stance regarding the timeline for interest rate reductions, influenced by recent inflation data that has delayed expectations of cuts from March to sometime this summer. Concurrently, the stock market is experiencing robust growth, with the S&P 500 surpassing the 5,000 mark for the first time, marking a […]

Ocean Freight Rates Between Asia and US Surge by 140%, Affecting Pricing and Availability

Ocean Freight Rates Square - The Chemical Company

The global ocean freight industry is currently facing significant disruptions, leading to increased costs and limited availability. These challenges are primarily due to complications in key transit routes such as the Red Sea and the Panama Canal, which have captured the attention of numerous sectors. In particular, freight rates for shipments from Asia to the […]

View from the Captain’s Chair | H1 2024

From The Captains Chair Square - The Chemical Company

Greetings, and a Happy New Year to all! Here at TCC, we’re breathing a sigh of relief to have 2023 behind us. Reflecting on the past year, it felt like a drawn-out journey back to normalcy. We saw sale prices, volumes, and margins squeezed under the pressures of sluggish demand and bloated inventories. Moreover, with […]