Americas top stories: weekly summary

ICIS Editorial

22-Oct-2018

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 19 October:

PET, PE central to packaging industry growth
The packaging industry in North America is set for robust growth over the next decade, with polyethylene terephthalate (PET) and polyethylene (PE) among the materials expected to drive that growth, according to participants at PACK EXPO International.

US October propylene contracts roll over
US October propylene contracts settled at a rollover for the majority of the market, sources confirmed, amid supply and demand fundamentals that remained balanced despite some production issues.

Spot US methanol jumps to new yearly high, 132 cents/gal
The US spot barge methanol price pushed up to 132 cents/gal this week, a new yearly high, stemming from plant and shipping issues this month.

US will not implement antidumping duties on PET resins after ITC ruling
The US will not implement antidumping duties on polyethyleneterephthalate (PET) imports from five countries, following a negative final determination from the International Trade Commission (ITC).

US caustic soda spot export prices return to pre-Hurricane Harvey level
Lengthening supply in the US Gulf has pushed US liquid caustic sodaspot export prices down to pre-Hurricane Harvey levels for the first time since the hurricane blew across the Texas Gulf coast.

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