News
China needs to hike interest rates to cap inflation - DBS
SINGAPORE (ICIS)-- China may need to hike interest rates soon to prevent consumer prices from rising further amid a weakening of the US dollar and a pick-up in industrial production, DBS Bank said on Wednesday.
Corrected: Europe August PET falls €20-50/tonne to €1,050-1,100/tonne
Correction : In the ICIS story headlined “Europe August PET falls €20-50/tonne to €1,050-1,150/tonne” dated 26 August 2010, please read the headline as “Europe August PET falls €20-50/tonne to €1,050-1,100/tonne” instead of “€1,050-1,150/tonne”.
US PET producers seek 3 cents/lb September hike on high demand
HOUSTON (ICIS)--A majority of the major US polyethylene terephthalate ( PET ) producers have announced September price hikes of 3 cents/lb ($66/tonne, €51/tonne) for bottle-grade material amid strong demand, sources said on Friday, even as Aug
NOON SNAPSHOT - Americas Markets Summary-16/07/2010-ICIS News
HOUSTON (ICIS news)--Here is Friday’s mid-day Americas oil and chemical market summary from ICIS .
China needs tighter credit controls to stave off inflation-11/05/2010-ICIS News
GUANGZHOU (ICIS news)--China must further tighten access to credits to contain the rapid increase in consumer prices, while mindful of the need to ensure healthy growth in industrial production and investments, analysts said on Tuesda
Europe PET producer targets €50/tonne May hike on short supply-22/04/2010-ICIS News
LONDON (ICIS news)--A major European polyethylene terephthalate (PET) producer is determined to push through a €50/tonne ($67/tonne) price increase to its customers for May deliveries in order to reflect the current shortage , it said on Thurs
High fatty alcohol prices could inhibit market growth – consumers-14/04/2010-ICIS News
LONDON (ICIS news)--The recovery and growth of the European fatty alcohols market risks being severely impaired if prices are maintained at current levels, consumers warned on Wednesday.
China may take steps to curb inflation as Feb CPI rises 2.7%
SHANGHAI (ICIS news)--The Chinese government may soon have to take monetary policy actions to rein in inflation, which is on its fourth month of increase in February, analysts said on Thursday.
Europe TDI prices likely to firm due to output issues - sellers
LONDON (ICIS news)--Production issues and upcoming plant maintenance projects at European toluene di-isocyanate (TDI) plants are likely to push up prices in March, sellers said on Wednesday.
Europe MEG January contract price set to rise on tight market
LONDON (ICIS news)--The European January monoethylene glycol (MEG) contract price is likely to increase because of tightness in the market, buyers and sellers said on Wednesday.
