Argus C5 and Hydrocarbon Resins
- Tackifying resins
- C5 tackifiers
- C9 tackifiers
- Waterwhite tackifiers
- Natural rubber
- US exports
- US imports
- Key country exports
The euro had strengthened versus all other currencies we monitor, while the dollar displayed a varied behavior, remaining flat versus the RMB and KRW, increasing versus the yen and dropping against the euro...
Overview resin former supply
By the end of July, natural rubber prices appear to have reached the bottom and started a slow rebound, buoyed by the rumors that producing countries will cut production and exports...
Piperylene market remains oversold, especially since the US had been cracking heavier in the first half of the year...
June privately-owned housing starts increased 8.3pc from May and 5.1pc over June 2016...
US isoprene import of 11,010t in May almost tripled that from April, reaching a high never seen when reviewing monthly data from 2002 forward...
The US butadiene (BD) prevailing contract prices for July is 45￠/lb ($992/t), fob basis, a 15￠/lb decrease from June...
Aromatic resin oil (ARO)
There are no changes to the ARO availability nor downstream markets, however it is worth repeating that as crude and gasoline prices establish a new baseline at lower prices, there is more incentive for integrated refinery/petchem producers to recover and divert more ARO to be upgraded into higher value hydrocarbon resins than send it to a hydrotreater to be converted into a gasoline blendstock...
The ethylene contract net transaction price settled at 30.5c/lb for June, falling from 33.25c/lb in May...
C5 aliphatic tackifiers (C5T)
Strong price increase efforts were met with an even stronger pushback in view of incoming HHCR resin capacity additions, revised forecasts to lower crude prices and tepid demand...
HHCR (waterwhite) tackifiers
There have been few changes this past month in the HHCR market as buyers are awaiting an onslaught of capacity in the waning months of 2017...
C9 aromatic tackifiers
C9 resin market remains quiet with little changes in supply and demand economics...
The Chinese gum rosin (CGR) June price average was $1,750/t, lower from May...
Natural terpene-derived resins
The US Department of Agriculture’s (USDA) has completed its final orange forecast for the 2016/2017 growing season...
Natural rubber (NR)
Natural rubber (NR) prices averaged $1,423/t for June, falling $108/t from the final average for May...
May US IR imports volumes show a fall of 22pc from April...
Suppliers are struggling to move the product against slow demand...
US import prices for May were in the 105-150￠/lb range, landed...
US styrene-butadiene rubber (SBR) July contract prices average 84.5￠/lb ($1,863/t), down 19￠/lb from June...
Unsaturated polyester resins (UPR)
The majority of DCPD produced is converted into UPR for production of acrylic enclosures such as bathtubs, sinks and countertops, primarily used in new housing construction...
North American LDPE prices remained stable from May to June, assessed at 75-78c/lb delivered ($1,653-1,720/t)...
US PP homopolymer prices for June remained stable to May at 55.5-58.5c/lb ($1,224-1,290/t)...
Ethylene vinyl acetate (EVA)
While price increases for vinyl acetate monomer (VAM) producers in the US and Europe have not been announced, Celanese announced a price increase for VAM of $200/t for China and $50/t for the rest of Asia-Pacific, effective as contracts allow...
WTI crude oil monthly prices averaged $45.17/bl in June with July currently averaging $45.63/bl...
With summer vacation and driving season in full swing, US national average retail prices for regular gasoline decreased 4c/USG from the June report, averaging $2.35/USG...
US natural gas
As of 20 July, natural gas in working storage was 2,973Bcf, an increase of 203Bcf from the June report...
Western European naphtha prices continued their downward momentum, averaging $401/t in June with July rebounding toward mid-month, averaging $411/t...
H.B. Fuller grows in Brazil
Tape manufacturing comes to Zambia
Ingevity continues to expand and diversify
Beardow Adams continues to grow
Henkel expands its aerospace presence
Amber Stream is born
Avery Dennison expands in Malaysia
Hexcel continues to soar
Bostik ties the knot with Tour de France
IMPORTS AND EXPORT
Hydrocarbon resin exports
Hydrocarbon resin imports
Key country hydrocarbon resin exports