Industry News
Chemical Industry News
US corn plantings at 5% with soybeans at 6% completed
HOUSTON (ICIS)--US corn plantings are now 5% completed with soybeans at 6%, according to the latest US Department of Agriculture (USDA) Crop Progress Report. Although some wet conditions have been...
NYMEX: US gas futures edge lower amid bearish production
Front-month US natural gas futures eased on 13 April as production remains strong The May 2026 Henry Hub contract on NYMEX settled at $2.627/MMBtu, down less than 1% from the previous session Lower...
Plant status: MOL extends FM across HDPE and PP at Tiszaujvaros site, Hungary
LONDON (ICIS)--Here is a plant status report: Name: MOL Petrochemicals Location: Tiszaujvaros, Hungary Products: High density polyethylene (HDPE), polypropylene (PP) Capacity (tonnes/year): 420,000...
Plant status: Total declares FM at Carling site on technical issues, return date unknown
LONDON (ICIS)--Here is a plant status report: Name: TotalEnergies Location: Carling, France Product: Low density polyethylene (LDPE) Capacity (tonnes/year): 110,000 Event start: 9 April 2026 Event...
CRUDE SUMMARY: Oil up but off highs as Iran-US negotiations failed to deliver deal
US president threatens to block vessels in and out of Iranian ports Geopolitical risks increase with possible retaliation from Iran OPEC reduces global oil demand forecasts in April market outlook...
Colombia inflation hits 17-month high in March on broad-based price pressures
SAO PAULO (ICIS)--Colombia's annual rate of inflation rose in March to 5.56%, up from 5.29% in February and the highest level since September 2024, the country’s statistical office Dane said. The...
US March existing home sales fall as affordability still a concern
HOUSTON (ICIS)--US sales of existing homes in March fell by 3.6% month on month and 1.0% year on year, the National Association of Realtors (NAR) said on Monday. US March existing home sales were at...
Europe LPG prices decline
LONDON (ICIS)--Liquefied petroleum gas (LPG) spot prices declined last week, due to falling crude values. Many participants remain apprehensive about current market conditions, fearing further...
CBAM carbon certificate price reveals concerns even as fertilizer industry focus remains on Middle East conflict
LONDON (ICIS)--The EU’s first quarterly carbon border adjustment mechanism (CBAM) certificate price for 2026 has revealed underlying concerns across the fertilizer and agricultural sectors, even as...
Africa polyolefins procurement thinning, impossible passthroughs cap household goods production
LONDON (ICIS)--The African market saw another round of hefty triple-digit increases last week while offers from a number of Middle East producers were either being suspended or separately revised up...
Oil price surge a mixed blessing for Latin America, but Brazil stands out as clear winner – analysts
SAO PAULO (ICIS)--The spike in global oil prices is delivering sharply divergent outcomes across Latin America, hurting net importers such as Chile and Peru while handing Brazil an unprecedented...
Brazil’s inflation forecast breaches target ceiling amid fallout from Iran conflict
SAO PAULO (ICIS)--Brazilian economists raised their 2026 inflation forecast above Brazil's official target ceiling as the ongoing conflict in the Middle East drives up global oil prices and clouds...
Traders adopting wait-and-see approach to new 21-hour TTF hours, liquidity thin on first morning
Traders adopting wait-and-see approach to TTF overnight liquidity development Respondents report little or no changes made so far Limited liquidity in first morning of trading was inauspicious start,...
US ammonia imports, exports grow in January-February year on year
LONDON (ICIS)--US ammonia imports increased by 37% in January-February year on year, according to customs data. The main exporter was Canada, followed by Trinidad and Tobago. US ammonia top import...
High Spanish gas-storage levels pressure Q4 prices while risk remains for summer
Spanish underground storage almost full, pressuring PVB Q4 '26 Part of storage capacity sold during 27 March extraordinary auction with zero storage fee Risk concentrated on PVB summer-delivery...
US urea imports up 6.6% in January-February ahead of the Middle East conflict
US urea imports up 6.6% in January-February ahead of the Middle East conflict LONDON (ICIS)--US imports of urea in January-February 2026 were more than 1.2 million tonnes, up by 6.6% year on year,...
Emergency EU energy measures to include demand aggregation, energy savings – Von der Leyen
Commission to recommend demand pooling, lower consumption to cut energy costs Previous AggregateEU mechanism had limited success Toolbox of emergency measures expected on 22 April LONDON (ICIS)--The...
Toluene spot premiums fall, bringing relief to European prices
LONDON (ICIS)--European toluene spot premiums fell on both ends of the range in the week ending 10 April, on the back of dwindling demand from gasoline blenders. Gasoline prices remain generally high...
European xylenes prices fall, spot premium range slips
LONDON (ICIS)--The European mixed xylenes (MX) spot premium range fell on both ends in the week ending 10 April, on the back of persistently weak demand. The spot premium range currently sits at...
FBMC WEEKLY: CWE wind output to support power spot prices through week 16
LONDON (ICIS)--Day-ahead power prices across flow-based market coupling (FBMC) regions in central western Europe (CWE) look set to spike through week 16, as tight renewable output supports the...