Industry News
Chemical Industry News
Little interest in CEE summer quarterly gas transport capacity auctions
Strong booking from Hungary to Ukraine for Q2 Some interest in Polish and Czech border points Little else of note across the rest of CEE region LONDON (ICIS)--There was relatively little interest in...
Chile economy beats forecasts with 2.3% growth in 2025 on healthy services
SAO PAULO (ICIS)--Chile’s economy grew by 2.3% in 2025 and closed the year with stronger-than-expected momentum, despite persistent weakness in mining, the central bank said on Monday. The...
Brazil manufacturing slump deepens as demand falls, tariff fears mount
SAO PAULO (ICIS)--Brazil's manufacturing activity deteriorated in January at its fastest pace in four months as demand weakened sharply and tariff concerns arose among companies as US clients suspend...
European power prices fall amid milder temperatures, bearish gas
By Anna Coulson and Johnathan Hamilton-Eve European power front-week and front-month prices were bearish on Monday Traders attributed this to milder temperatures, bearish gas, and reduced SSW event...
FBMC WEEKLY: Hungary likely to remain at a premium to Germany despite milder temperatures
LONDON (ICIS)--Hungarian power spot prices are likely to maintain their premium over Germany throughout week 6 despite milder temperatures across the Balkans, a trader told ICIS. The power curves of...
Europe DEG, TEG spot prices stable on soft demand
LONDON (ICIS)--Prices in the European diethylene glycol (DEG) and triethylene glycol (TEG) spot markets were stable in the week ending 30 January as demand is lackluster. DEG truck values remained at...
Japan sulphuric acid interactive trade map 2025
LONDON (ICIS)--Japan’s Ministry of Finance has released sulphuric acid import and export data for January-December 2025. Please select a product from the dropdown menu...
US fertilizers interactive trade flow map January-November 2025
LONDON (ICIS)--The US Census Bureau has released fertilizer import and export data for January-November 2025. Please select a product from the drop-down menu...
Europe MEG spot prices stable to soft on lengthening supply, dull demand
LONDON (ICIS)--Prices in the European monoethylene glycol (MEG) spot market were assessed stable to soft in the week ending 30 January, as demand remains dull while supply is lengthening. MEG bulk...
Latin America petrochemicals under siege from oversupply, weak demand – bank
SAO PAULO (ICIS)--Latin American petrochemicals markets remain under pressure from persistent oversupply and weak demand, with no sign of any meaningful recovery from the years-long downturn in 2026,...
UREA: AlexFert sell 5,000 tonnes at $495/tonne FOB to Europe
In Egypt, AlexFert has sold 5,000 tonnes of urea at $495/tonne FOB for February loading to Europe. Earlier in the day, MOPCO sold 5,000 tonnes of urea at $490/tonne FOB for February loading. On...
GAS ALERT: Trading Hub Europe launches short-term LTO “Rest of the Day” special tenders for external balancing gas
FRANKFURT (ICIS)--Trading Hub Europe (THE) has launched short-term special tenders to contract external balancing gas via its “Long-Term Options” (LTO) product in the “Rest of the Day” (RoD)...
Europe February EO price rises from January
LONDON (ICIS)--The European February ethylene oxide (EO) contract price was assessed up by €12/tonne following the settlement of the upstream ethylene contract. The European ethylene contract...
Europe VAM February contract talks begin as LyondellBasell declares FM in Americas
LONDON (ICIS)--February contract price talks have begun on the European vinyl acetate monomer (VAM) market. LyondellBasell has declared force majeure on VAM and feedstock acetic acid in the Americas,...
FOCUS: Europe MMA prices firming as arbitrage closes and imports limited
LONDON (ICIS)--The Europe methyl methacrylate (MMA) market has seen contract price firm with the arbitrage window closed and imports limited. Higher import costs to reduce volume coming into Europe...
CORRECTION: Greek consortium signs agreement to supply US LNG to Ukraine in March
Correction: The auction date for route 1/2/3 in the nineth paragraph has been correcte Greece’s ATLANTIC SEE LNG TRADE consortium signs agreement to supply Ukraine’s Naftogaz First US cargo to...
Europe CX February contract firms with feedstock
LONDON (ICIS)--The Europe cyclohexane (CX) February contract price has settled at €1,000/tonne, up by €130/tonne from January, following an increase in upstream benzene costs. The CX contract is...
Europe acetic acid January contracts roll over, Q1 settlement imminent
LONDON (ICIS)--European acetic acid contract pricing has settled at a rollover for January amid ample supply and steady demand. Settlements varied between contractual partners, with agreements...
Europe ethylene contract reference price for February rises €15/tonne on naphtha
LONDON (ICIS)--The European ethylene contract reference price for February has been set at €1,095/tonne, up €15/tonne from January . Two producers and two consumers separately confirmed – both...
Lithium-free battery breaks voltage barrier for ultra-cheap energy storage
New chemistry overcomes drawbacks that have hampered this promising class of battery