Butadiene Latin America

摘要

Trade activity slowed for the week, with no cargos exiting Brazil or entering Mexico. Both markets have driven the spot import and export regionally in Latin America as demand has been sluggish throughout 2015. In port news, the Port of Houston was partially closed Wednesday due to a naphtha spill from a barge. The port reopened the same day a few hours later. Mexico’s PMI counts on the port for contractual imports of crude C4, per market feedback. In motor vehicle sales, Brazil dropped 25% year on year amid high interest rates and a sputtering economy, according to data released by the National Association of Motor Vehicle Manufacturers. The weaker Brazilian real currency versus the US dollar has also hurt buyers.