Localised upturns

摘要

US markets experienced slightly better trading conditions, especially USG/Far East, where aromatic cargoes resurfaced after a long gap. Styrene, ethanol and EDC were noteworthy commodities that helped clear September of surplus space and led to a degree of tightness already for October. Rates firmed and 5,000t stems Houston/China were pegged in the upper $60s/t, a $ 10-15/t rise on August. Freight gains were noticeable too on transatlantic eastbound business, led by styrene. Numbers for typical 5,000t parcels Houston/Rdam nudged upwards, with rates ending up in the mid-high $40s/t.