Crude Oil Hovers Above, Around $65/bbl
Crude Oil prices have ticked above $65/bbl two separate times so far in 2018, a price widely regarded as a major threshold for the petrochemical market.
U.S. Trucking Will Get Worse in 2018 Before it Gets Better
Throughout the months of trucking issues including driver shortages, ELD mandates and the winter weather, analysts believe the issues will continue getting worse before they get better.
This report from Bloomberg expects freight costs to rise as much as 12% in 2018, up from already inflated rates that the industry has been seeing through the last six to twelve months.
Product Pricing Trends & Updates
- U.S. Propylene spot prices mostly down
- Polymer Grade: $.4275/lb
- Refinery Grade: $.295/lb
- U.S. contract Ethylene settles at 28.25cpp, down 1.75cpp from March
- Crude Oil fell on Wednesday to $63.37/bbl, but has been hovering around $65/bbl all March
- June ICE Brent settled down to $68.02/bbl
- May NYMEX Nat Gas closed Wednesday at $2.718/mmBtu
- April Benzene settled down 7cpg, to 299cpg. Was 306cpg in March
Pricing info & trends courtesy of: PetroChem Wire
Introducing: The View from Jamestown Mobile App
The Chemical Company is committed to being more than a product and service provider. TCC strives to be one of your most valuable assets, by being a partner in all of your business operations.
As part of these continued efforts, we are proud to introduce our dedicated mobile application, “The View from Jamestown: Mobile App.”.
Pricing trends, market news and analysis, events and conferences, and much more is available through the app, along with additional features and capabilities in the months and years to come. Click the icon below to download.
Security of Supply | The Chemical Company
Our team includes a local technical sales staff based throughout the Americas, a dedicated EH&S team, our integrated logistics managers, vertically integrated producing partners, and committed high-quality customer expert team.
We monitor short-term trends and long-term opportunities, acting and investing when the market is right to bring the best value to our business partners and customers.
The View From Jamestown Podcast Edition
The Chemical Company produces weekly graphics with raw material market information and price changes. To follow along, follow TCC your platform of choice, including LinkedIn, Facebook, Instagram & Twitter, and of course make sure you’re subscribed to The View.
NatureFlexx ELO: Epoxidized Linseed Oil
All products are subject to availability, which fluctuates daily. Most products are available from TCC with approximately a one-week lead time.
For more information, click the graphic of the product, or visit thechemco.com.
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AFPM ICIS Magazine
Did you catch our Security of Supply campaign placement in the recent AFPM ICIS print magazine?