US Markets Tight On Space

摘要

March chemical markets were a mixed bag, with the majority of US routes seeing some firming of rates, whereas elsewhere in Europe and Asia it was quite the opposite.Space in the USG was tight, with limited tonnage available, despite owners bringing extra vessels on berth. USG/Caribs business increased, with strong COA nominations. Vegoils, styrene and xylene were all seen quoted to Venezuela, while caustic was moving to Trinidad. COAs were strong on S. America routes, filling out the scheduled ships. Several larger lots of caustic were also quoted to Brazil, but spot cargoes were limited to small lots of CPP, with rates no-tionally firm due to the reduced level of open tonnage. Methanol exports into the region increased after a plant in Trinidad went offline for several weeks.