CW Price Report
Spot naphtha in Europe declined $45/m.t., in line with falling oil prices. The feedstock decline, coupled with plunging demand and prices for derivatives, drove spot olefins prices lower despite several production units being taken out of service. Spot... Cefic Predicts That EU Chemicals Output Will Decline in 2008 and 2009
Forecasts made in mid-2008 have been downgraded due to the economic malaise.... |
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Leading Indicators
Indicator Plunges
The leading indicator for the U.S. chemical industry dropped a steep 4% in October. All major components fell, due in part to the impact of hurricanes Gustav and Ike on U.S. Gulf Coast manufacturing facilities, and the weak economy, analysts say. Overall...
Vital Statistics
Vital Stats: The Sinking Economy
Export figures are based on fob values excluding re-export; import figures on cost, insurance, and freight. Sources: Haver Analytics (New York), based on data from the U.S. Dept. of Commerce and The Federal Reserve Board. Shipments of industrial products fell... |
Prices
CW's Asia Chemical Prices for the Week Ended November 18, 2008
Styrene monomer (SM) prices drop sharply...
CW75
CW75 Stock Performance
The CW75 index dropped 5.5% for the week ended November, slightly lagging the Morgan Stanley global composite and S&P 500 indexes, which dropped 4.9% and 4.4%, respectively. Basic chemical stocks fell 8.2%, while diversified stocks dipped 5.7%, and... |
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