ECONOMICS

ACC's Economic Outlook for the Week Ended June 26, 2009

Our running tab of positive indicators rose by one to 12 out of 20 this week. As a result, we continue to post a yellow banner....

CW's Asia Chemical Prices for the Week Ended 30 June, 2009

Benzene, naphtha, and styrene monomer prices and more are all on the rise this week......


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Leading Indicators

Indicator Bides Time

The leading indicator for the chemical industry rose slightly in June, recouping most of the loss suffered in May. The indicator plunged 18% and chemical production about 10% from last October through January. The indicator has moved in a narrow range since...

Vital Statistics

Hints of Recovery

GDP contracted 5.7% during the first quarter, slightly less than the Federal Reserve had initially reported. Manufacturing output fell about 14%, with durables down 19%, and nondurables off 9.1%. Chemical production dropped 11.3% during the quarter. Consumer...

Prices

Certain Resin Prices Rise; Hexion Streamlines Unit

Prices of unsaturated polyester and vinyl ester resins used in composites are rising amid increasing costs for raw materials, including dicyclopentadiene, phthalic anhydride, propylene glycol, and styrene, suppliers say. “Crude oil prices have shot up...

CW75

CW75 Stock Performance

The CW 75 index dipped 4.5% for the week ended June 23, lagging the Morgan Stanley global composite and the S&P 500 indexes, which lost 2.1% and 1.8%, respectively. Basic chemical shares fell 7.7%, diversified shares dropped 3.3% and specialty stocks...

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