Weekly Market Update: November 20-24, 2017
[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
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 […]
The Chemical Company | Weekly Market Update: October 23-27, 2017
Chinese Environmental Regulations Set to Impact Chemical Market
As China goes to figurative war with its pollution and smog issues they long have been known for, the chemical industry is preparing for the inevitable fallout from the implementations of the new regulations. Beginning January 1, 2018, China is set to enforce its’ new nationwide fees, in the form of taxes, on production facilities […]
Trucking, Logistics Remains Tight Throughout the U.S. in Hurricane Aftermath
The trucking and freight market continues to tighten in the wake of Hurricane Harvey, Irma and other natural disasters that have hit the U.S. Gulf and country as a whole over the past few weeks. With trucks, equipment, drivers and resources being pulled to the gulf and southeastern US to aid in relief efforts, albeit […]
