Global Container Rates On The Rise, Asia-US Prices Skyrocket

Global Container Rates Square - The Chemical Company

A key global trade inflation indicator is moving in the wrong direction as rising freight rates, reaching levels last seen in the early days of the pandemic, are causing problems in global trade and sourcing. Although container rates have not yet returned to the $20,000 peak seen during the COVID-19 era, rates for many popular […]

Strong Vehicle Sales despite Slowing EV Demand

Vehicle Demand Square - The Chemical Company

While general auto sales remain relatively strong, EV demand has continued to wane as consumers are more and more weary of the logistics behind charging, repair costs and general long-term maintenance. The pivot in type of vehicle in-demand will impact the outlook for auto manufacturers and their suppliers, from wire & cable to exterior coatings […]

Industries Anticipate Fed Comments, Eager for News on Rate Outlook

Fed Meetings Square - The Chemical Company

A wide array of sectors, ranging from chemical and raw material manufacturers to downstream industries like luxury vinyl tile (LVT) and construction materials, are keenly observing the Federal Reserve’s upcoming statements regarding potential interest rate cuts. These sectors, which are intimately connected to the housing and renovation markets, stand to gain significantly from any improvement […]