The View from Jamestown: December 2017

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Market Updates

Methanol Prices Continue to Rise Across the Market

TCC Methanol Product Manager Cory Mullins anticipates rising Methanol prices heading into December and through the new year. Methanol prices rose 8 cents last week alone, with continued price increases expected.
Full blog post available via thechemco.com/TheView.

Domestic China 2-EH Prices Rising

China’s domestic 2-EH prices are expected to continue to rise with tight supply and increasing downstream demand. Supply has been shrinking throughout Q4 due to closures throughout China as environmental regulations continue. The rising costs and supply issues impact downstream plasticizers such as DOTP and DOP, raising costs by 3-6%.
Read more via ICIS.com/news.

Pricing Notes & Trends Going to 2018

With relatively mild weather throughout the U.S. heading into December, a majority of products and prices are seen unusually flat, or with minimal gains if any. Propylene settled up only 1-1.5 cents, while orthoxylene’s are up in Europe but flat in the U.S. With the unusually warm weather thus far, natural gas and propane prices remain low as the year comes to an end. Other materials including Benzene continues to rise, as well as Methanol up 8cpg last week alone.

The Chemical Company - From the Captain's Chair

November 2017

TCC President Robb Roach shares his thoughts and trends on the market as 2017 comes to a close, and heading into 2018. From rising Benzene prices, continued freight tightness and new hires at TCC, Robb covers it all in the first edition of The View from the Captain’s Chair.
Full content available via thechemco.com/TheCaptainsChair.

The Chemical Company produces weekly graphics with raw material market information and price changes. To follow along, follow TCC your platform of choice, including LinkedInFacebookInstagram & Twitter, and of course make sure you’re subscribed to The View.

Featured Products: December 2017

Elatur® CH

 

Elatur® CH

 

Driveron® S

 

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.

Monthly Market Movers

Crude Oil: $57.42(+ 2.19%)
Natural Gas: $2.967 (-5.93%)
DOW: 24,326 (+ 3.28%)
Nasdaq: 6,778 (Flat)

As of: 12/4/17, Yahoo Finance

Dollars & Cents

$1.00 USD =

.843 EUR
.742 GBP
112.564 JPY
18.62 MXN

As of: 12/4/17, xe.com

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