The ACC is conducting a webinar on March 6, 2014 at 11 AM Eastern time regarding the topic of the DINP to the California “Propisition 65” list of chemicals “known to the State to cause cancer.” This listing passed despite the weight of scientific evidence to the contrary. The listing occurred on December 20, 2013 and will take effect on December 20, 2014.
Those of you who wish to know more about the impact of this listing, and estimating exposure to DINP in consumer products, may wish to participate in the webinar. Registration is required, accessed by the link below. Once you go to the link, scroll down to the second entry to register.
In December 2013, the California Office of Environmental Health Hazard Assessment (OEHHA) added the phthalate DINP to California’s Proposition 65 list as “known to the State to cause cancer” despite the weight of scientific evidence indicating that DINP should not be listed on Prop 65. To support the DINP value chain, the American Chemistry Council High Phthalates Panel plans to develop a resource to assist in estimating potential exposures to DINP from vinyl consumer products.
As part of this webinar, we will provide an example of how to estimate exposures to the high phthalate DIDP, using an existing tool developed by the High Phthalates Panel. Currently, there are almost 900 substances on the Prop 65 list, including food ingredients and common household products, naturally occurring substances, ethyl alcohol in alcoholic beverages, aspirin and many prescription drugs. Prop 65 requires anyone doing business in California to label a product but only if human exposure to a listed substance in the product is expected to be at a level above the established “safe harbor” level for that substance.
Check the real-time commodities tracker at thechemco.com for up to the minute info.
Benzene: U.S. benzene contracts for March settled down $.14/ gallon to US$4.90/ gallon from US$5.09/ gallon in February. February spot prices averaged $4.98- $4.99/ gallon.
n-Butane: Normal Butane prices are trading in the high US$1.20’s and low $1.30’s per gallon. Pricing has trended lower recently and maintained its price below January’s price average of US$1.49 per gallon.
Ethylene: U.S. Contract Price for February has not yet settled but are expected to roll. January settled at US$.5025/ lb. This is a $.02/ lb. increase from December.
Natural Gas: NYMEX NG pricing has steadily moved higher throughout February. Current NYMEX pricing is US$4.60/ mmbtu.
Oil: WTI crude has moderated higher to US$103+/- per barrel.
Orthoxylene: February contracts settled down US$.015/ lb. to US$.585/ lb. March has not yet settled.
Propylene: February contract pricing settled at $.735/ lb. for Polymer Grade and $.72/ lb. for Chemical Grade. March contracts have been nominated by at least one producer to decrease by $.01/ lb.
Adipic Acid pricing has steadily increased following strong benzene pricing. Supply is balanced due to recent capacity restrictions in the EU and a lack of consistent production in China. TCC has Adipic Acid in stock and immediately available in 1,000 Kg. Sacks, 500 Kg. Sacks and 25 Kg. bags.
March pricing in Tampa increased US$45/ ton to US$460/ton.
Antimony Trioxide:
Demand for antimony trioxide remains weak. Current offers are in the low to mid $4.00/ lb. range for full truckloads. Buyers continue to keep inventories to a minimum and use alternate chemistries where possible. Small bags and sacks are immediately available.
For more information please contact AJ Petrarca aj@thechemco.com.
Citric Acid pricing remains steady with overall good demand. The Chemical Company has both 25 Kg. bags and 1,000 Kg. bags in stock and immediately available.
One major Chinese producer is shut down with production issues and is expected to be down until the end of March. This will likely cause prices to trend up slightly in the near future. The Chemical Company has both 25 Kg. bags and 1,000 Kg. sacks in stock and immediately available.
For more information please contact AJ Petrarca aj@thechemco.com.
Epoxidized Soybean Oil:
Soybean oil prices are trending higher (CBOT up 5% in the last week) and expected to continue. Check thechemco.com for real time soybean oil pricing on our commodities ticker. Epoxidized Soybean Oil Supply is healthy with new players pushing prices lower. ESO Pricing has stabilized for the moment due to South American supply restrictions. TCC offers bulk, split trucks, drums and totes of epoxidized soy bean oil.
Fumaric Acid Pricing is stable but long lead times are noted. Due to much lower butane values North American producers are enjoying a low cost production position. Order early for rateable supply.
For more information please contact AJ Petrarca aj@thechemco.com.
Glycol (Mono, Di and Tri):
Ethylene: U.S. Contract Price for February increased $.02/lb. to $.5025/ lb. March is expected at a roll over from February.
MEG: Contract pricing rolls for March. Spot prices are in the low $.40’s/ lb. fob Gulf .
DEG: U.S. producers announced a $.02-$.03/lb. increase for March. Spot prices are in the high $.40’s per lb. fob Gulf.
TEG: Demand is weak despite continued cold weather. Prices have retreated into the $.90’s per lb. on lack of demand.
Supply of PIA is limited with a recent mechanical failure at Flint Hills forcing them to declare force majeure. This FM could last 6-8 weeks! Import product is offered at a major premium with long lead times.
Supply is tight in North America due to at least one producer outage. Molten Prices have remained stable despite a sizeable drop in n-butane values. Solid Maleic prices are stable with limited availability until anticipated new US production comes on line. TCC offers bulk Molten Maleic Anhydride and 25 Kg. bags of Maleic Anhydride pastilles.
For more information please contact AJ Petrarca aj@thechemco.com.
Melamine:
Melamine supply has improved on steady operating rates but pricing remains level. TCC has Melamine in stock and available.
Malic Acid Pricing has stabilized but there are significant lead times for both domestic and imported material. Low butane costs have made North American producers the most competitive in the world. The Chemical Company has Malic Acid in stock and available.
For more information please contact AJ Petrarca aj@thechemco.com.
Phenol pricing has shifted only moderately lower this month due to slightly lower benzene values. Formaldehyde pricing remains under pressure from higher methanol pricing.
Plasticizer demand in North America is improving with seasonal demand starting to materialize. Pricing is extremely competitive with continued Asian import pressure.
Plasticizer alcohol demand has improved in North America and prices have firmed. But oxo alcohols are long in Asia and the EU. More new oxo capacity is coming on stream in China for Q2 adding more alcohol to an already over supplied market.
Current granular barge pricing of Urea is US$420 – $430/ ton and steady to down in the coming weeks. Prills are reported at $390- $400/ ton fob Gulf. Prices are up $40-$50/ ton in the last month. Forward prices appear stable to lower.
We appreciate your taking the time to review this newsletter. For more information on these or any of the products and services provided by TCC or contributions regarding our readers’ company/industry activities, please send them to Robb Roach at Robb@thechemco.com
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