Weekly Market Update: November 27 – December 1, 2017

November market updates 2017 - The Chemical Company | Chemical Distributor

[vc_row border_color=”#0c0c0c”][vc_column width=”1/2″][vc_column_text 0=””] Ethylene Nov spot ethylene ends at 26.5cpp Dec ethylene starts the month at 27.375-27.75cpp US ethylene remains lowest in the world Europe: 52.1cpp, SE Asia: 53.3cpp, NE Asia: 5cpp [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text 0=””] Benzene US Nov benzene ends at $3.31/gal US Dec benzene begins the month at $3.24/gal US benzene remains higher […]

Methanol Developments, Potential Increase Heading into December

Methanol - The Chemical Company | Chemical Distributor

Cory Mullins, TCC’s Methanol Product Manager, anticipates a price increase for Methanol in December. Multiple factors throughout the market bring the rise, including US spot pricing up 3.5 cents/gal over the past week, totaling an overall 8-9 cents surge in November. A limited supply in Asia Pacific and renewed, growing demand in China are the […]

Weekly Market Update: November 20-24, 2017

market update 2017 Nov - The Chemical Company | Chemical Distributor

[vc_row border_color=”#0c0c0c”][vc_column width=”1/2″][vc_column_text] Ethylene Nov spot ethylene stays at 27.5cpp US ethylene prices remain lowest in the world Europe: 52.4cpp, Southeast Asia: 59cpp [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene US Nov benzene stays strong, up to $3.38-3.40/gal US remains higher than Asia ($2.898/gal), Europe ($3.366/gal) [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1511802533198{margin-top: -50px !important;}”] Propylene PGP Spot Nov PGP eases to 48.25cpp […]

Truck Driver Shortage Continuing to Impact Chemical Supply Chains

truck driver - The Chemical Company | Chemical Distributor

With America’s freight trucking market severely impacted by a shortage of drivers, the future does not look to be improving with the upcoming ELD (Electronic Logging Device) mandate coming into effect December 12th of this year. The industry today is already seeing an estimated shortage of 50,000 drivers, a number which may swell to as high […]