Industry News
Chemical Industry News
Europe BPA spot liquidity low, but some import delays in the mix
LONDON (ICIS)--Europe bisphenol A (BPA) spot stable to soft in a generally slow market at year end. Liquidity is low, but some import delays have triggered some prompt needs into the epoxy sector...
ICIS GAS INSIGHT WEEK 48 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key gas stories ICIS published in week 48. German gas and power traders warn of tail risk as
ICIS POWER INSIGHT WEEK 48 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 48. Regulation reform could help the UK regain momentum...
VTP premium set to hold amid strong flows in December, short-term upside risk
VTP December ‘25 premium to TTF up since September Strong flows east and west to keep VTP supported in December “Quick spike followed by normalization” likely amid continued geopolitical...
Europe December BPA formula contracts up for second month on costs
LONDON (ICIS)--Europe bisphenol A (BPA) formula contract prices have edged up in December, reflecting the second consecutive monthly increase, on the back of firmer upstream phenol costs. The BPA...
Canada avoids technical recession as Q3 GDP grows 0.6%
TORONTO (ICIS)--Following a 0.5% Q2 decline, Canada’s real gross domestic product (GDP) increased 0.6% quarter on quarter in Q3, meaning that the country avoided a technical recession. Expressed...
FORTNIGHTLY MARKET COMMENT: Belgium spot rises amid higher demand
LONDON (ICIS)--Belgium’s ZTP spot gas price over 13-27 November increased its average value compared with the previous fortnight amid higher demand. The Day-ahead contract averaged €30.309/MWh...
FORTNIGHTLY MARKET COMMENT: NBP spot and curve contracts diverge amid short term peak in demand and easing geopolitical outlook
LONDON (ICIS)--Key contracts at the British NBP hub followed a general bearish trend during the 13-27 November period in line with the European benchmark TTF except for the NBP Day-ahead which...
WEEKLY GAS OUTLOOK: European gas hubs may ease further in week 49 on warmer temperatures, robust LNG flows
FRANKFURT (ICIS)--European spot gas prices are likely to ease further in Week 49 as temperatures run 1–3°C above average across most of the continent (excluding Iberia), likely lowering heating...
Europe phenol formula contract up for December, on upstream benzene gains
LONDON (ICIS)--The Europe December phenol contract price has moved up, mirroring increases in upstream benzene contract costs. The European benzene December contract price has settled at...
Europe methanol spot prices stable to firm, oversupply continues to dominate market
LONDON (ICIS)--European methanol spot prices were stable to firm in a limited trading week. Buying appetite remains lackluster in the European methanol market, with prices stabilizing at around...
Canada wants Nutrien to backtrack on planned US investment
TORONTO (ICIS)--The premier (governor) of Canada’s British Columbia province wants fertilizer major Nutrien to build its planned new potash export facility at a Canadian west coast port, rather...
WEEKLY POWER OUTLOOK: European front-week power contracts jump on low wind, cold temperature risk
Additional reporting by Samya Nabi LONDON (ICIS)--French, German, Italian, Hungarian and UK front-week power contracts all displayed bullish momentum on Friday morning as recent weather forecasts...
GAS ALERT: French TSO extends limitations to Fos LNG terminals sendout
Fos terminals LNG sendout restrictions extended to 31 August 2026 Outage impact now stretches into injection season Forward curve remains stable for now LONDON (ICIS)--The French gas grid operator on...
Europe ACN December contract price climbs on ammonia gains
LONDON (ICIS)--The formula-based Europe acrylonitrile (ACN) contract average price for December climbed by €20/tonne, after a rollover in the contract price of feedstock propylene and a rise in the...
Asia Group II base oils light-heavy market divergence to endure; expansions on the horizon
SINGAPORE (ICIS)--Asian base oils market is expected to see continued near-term support for light-grade 150N base oils, while 500N/600N will likely slump further. October/November gasoil rally,...
Novapet, Spain, to focus on specialty PET applications and captive operations
LONDON (ICIS)--Due to exceptionally difficult circumstances in the European polyethylene terephthalate (PET) industry, Novapet, in Barbastro, Spain has decided to concentrate on its expanding...
Plant status: Huntsman shuts larger MDI line in Rozenburg
LONDON (ICIS)--Here is a plant status report: Company: Huntsman Location: Rozenburg, the Netherlands Product: Methylene diphenyl diisocyanate (MDI) Capacity (tonnes/year): 350,000 (Unit 2) Event...
Europe December acetone MMA contract price stable on unchanged propylene
LONDON (ICIS)--The Europe acetone methyl methacrylate (MMA) contract price has remained unchanged for December, echoing the stability in upstream propylene costs. The Europe acetone MMA contract...
FORTNIGHTLY MARKET COMMENT: PVB Day-ahead discount to TTF narrows amid cold weather, French regulator firm monthly auctions stops in Winter
LONDON (ICIS)--The Spanish PVB Day-ahead recorded losses in line with TTF between 13 November and 27 November, averaging €29.926/MWh in the period. The contract’s discount to the TTF narrowed...