U.S. and China Relations Improve, Tariffs on Hold

US and China trade relations - The Chemical Company | Chemical Distributor

Trade relations between the US and China improved this weekend. The Trump administration made meaningful actions to put the looming trade war with China on hold after Treasury Secretary Steven T. Mnuchin said they would refrain from implementing significant tariffs on various Chinese goods. In a joint statement on May 19, China agreed to purchase […]

Weekly Market Update: May 7, 2018

weekly market update May 2018 - The Chemical Company | Chemical Distributor

[vc_row border_color=”#0c0c0c”][vc_column][vc_column_text] TCC’s Weekly Raw Materials Update: May 7, 2018. [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Ethylene Ethylene was mostly flat this week Bid at 12.625cpp, Offered at 13.25cpp Last traded at 13.125cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene Benzene mostly flat this week Last priced DDP HTC at 294cpp[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1526331250478{margin-top: -50px !important;}”] Propylene RGP May PGP Bid down to 48cpp Last […]

Weekly Market Update: April 16-20, 2018

Weekly market update april 2018 - The Chemical Company | Chemical Distributor

[vc_row border_color=”#0c0c0c”][vc_column][vc_column_text] TCC’s Weekly Raw Materials Update: April 16-20. [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Ethylene Spot ethylene slightly lower this week, to 14cpp 30-day weighted average: 15.637cpp Compared to March average: 19.656cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene Spot ends the week flat-to-down, $2.92/gal DDP HTC May: 292-296cpg DDP HTC June: 290-295cpg DDP HTC[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1524497006578{margin-top: -50px !important;}”] Propylene RGP Apr PGP […]

Crude Oil Inventories & Price in 2018: High Prices, Immediate Impacts

The Chemical Company Crude Oil

In early January 2018, oil prices hit their highest levels in more than three years. “U.S. crude oil inventories are at their lowest level since August 2015. OPEC is getting closer to its target of reducing OECD industrial stocks to the five-year average,” says PVM Oil Associates analyst Tamas Varga. Data from the U.S. Energy […]

Weekly Market Update: April 9-13, 2018

Weekly market update april 2018 - The Chemical Company | Chemical Distributor

[vc_row border_color=”#0c0c0c”][vc_column][vc_column_text] TCC’s Weekly Raw Materials Update: April 9-13. [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Ethylene Spot ethylene steadies this week at 14.25cpp 45-day weighted average: 15.653cpp Compared to March average: 19.887cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene Spot ends the week flat, $2.94/gal DDP HTC US higher than Europe and Asia[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1523887009785{margin-top: -50px !important;}”] Propylene RGP Spot PGP up slightly, to […]