Opinions
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ME Gulf eastbound freights to jump in 1H 202027 December 2019
Long haul freights to gain 22% next year due to IMO2020 ME Gulf/NE Asia freights jumped in 4Q this year…
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South Korea’s benzene exports to the US may fall20 December 2019
Shipments tend to fall amid narrowing price difference between US and Korean benzene South Korea’s benzene exports to the US…
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Slew of PTA plant start-ups could boost PX volumes again13 December 2019
Global PX Supply-Demand by End 2021 (mil mt/yr) Most regions, except NE Asia, are estimated to be in surplus of…
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Fleet Watch: Global fleet may grow by 1% in 202006 December 2019Global fleet development as of December 2019 The global chemical tanker fleet has expanded 4% YTD. Twelve vessels were…
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Malaysia bans wash water discharges29 November 2019
China, Hong Kong, and Singapore have also instituted such bans Malaysia is prohibiting wash water discharge from open loop scrubbers…
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Chemical reaction to trade war22 November 2019
US petrochemical exports to China falling YoY since June 2018 The commercial viability of some production capacity increases in the…
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The wurst of times? Germany looks to stronger growth14 November 2019
Zew expectations index (orange, LHS) rebounds strongly while Ifo (blue, RHS) is flat in November The Ifo Pan Germany Business…
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Declining methanol prices may weigh on ME Gulf westbound freights01 November 2019
European methanol spot prices tend to lead freight rates by 1Q Declining methanol prices in Europe due to poor demand…
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ME Gulf eastbound rates climbed amid tightening space25 October 2019
ME Gulf/NE Asia rates rose USD 2 last week 5kt ME Gulf eastbound freights climbed USD 2 over the last…
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