Following months of low rainfall in Germany, water levels on the River Rhine reached record lows, leading BASF to declare force majeure on acrylate esters in mid October as a response to restricted raw materials deliveries. Whilst European spot prices for some acrylates have risen as a result of the tightness, seasonally softer demand has… Read More Low Rhine causes headaches for European acrylates buyers, what is the outlook for December?
The trade war between the US and China has dominated the headlines in the last few months and the potential impact in the chlor alkali industry was one of the hot topics discussed at the 7th China International Chlor Alkali conference held in Kunming last month. To receive the full article please click here* Keep… Read More Chlor-alkali industry increasingly concerned about the trade war impact
Unlike the global polyamide 66 market, the PA 6 polymer market has been a model of consistency for most of 2018. The supply/demand fundamentals have been steady during the year, although there have been some short-term supply issues on a region-by-region basis. Prices increased early in 2018 due to a combination of higher feedstock prices,… Read More Polyamide 6: Are global markets showing signs of weakness?
The series of economic tit-for-tat actions that has come to be known as the Trade War between the US and China has largely originated with US measures to which China has responded in kind. The US has imposed three rounds of tariffs on Chinese products this year, totalling $250bn worth of goods. The first two… Read More China – US Trade Wars’ Impact on Petrochemicals
The ethanol market has been seen as a potential growth market for acetic acid consumption in China but has been slow to gain any real momentum. There are only a handful of plants or projects currently active after many years of effort and some acetic acid producers don’t think entrance into the ethanol market will… Read More Outlook for acetic acid-based ethanol production in China still difficult
After reaching record-high levels in late 2017/early 2018, polycarbonate (PC) resin prices in China have been in a free-fall for almost six months. Rapid increases in production capacity coupled with weaker-than-expected demand since mid-year have pulled prices back to levels last seen in 2016. At the same time, prices for key feedstock such as phenol… Read More China polycarbonate market feeling effects of supply/demand imbalance
Global isocyanates markets are currently more stable following months of turmoil. MDI supply has improved worldwide and prices are on a downward path but the biggest change has been on TDI. After years of significant price increases and worries about demand destruction, the market shifted and prices began to decline in Europe and China. The… Read More Isocyanates: Stable markets following months of turmoil?