24 August 2012 16:30 [Source: ICIS news]
LONDON (ICIS)--Low water levels on the river Rhine are having little impact on ?xml:namespace>
“There was a wave of buying on 50ppm a few weeks ago when prices were better,” the source added. “German end-consumer stocks are now at 56%. They can hold out. They’re waiting for lower prices.”
A second trader said: “Nobody is buying 50ppm. The
The first source added that a drop of around $100/tonne (€80/tonne) might be sufficient to rejuvenate demand, but added that the euro-dollar exchange rate also plays a part in determining buyers’ interest.
Low water levels on the Rhine have meant that vessels travelling from the Amsterdam-Rotterdam-Antwerp (ARA) region into
ICIS reported on Tuesday that a 3,000 tonne barge was only able to carry around 39% to 44% of its capacity to the upper
Data from the German waterways authority shows that levels in the Kaub region of
($1 = €0.80)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections