By Purchasing Staff -- Purchasing, 6/18/2009 2:00:00 AM
2¢/lb
Ti02 price increase from DuPont
Source: DuPont Titanium Technologies
WHAT IT MEANS:According to DuPont after a "difficult period" titanium dioxide inventories and production rates are stabilizing. With a demand uptick forecast, DuPont chose to push the price hike.
WHAT IT MEANS:That's the lowest level carbon black prices have seen since May 2007. A bit over a year ago, it was almost twice that, but the automotive and housing slumps have hit this supply market hard.
55%
Decline in natural gas prices forecasted this year
Source: Energy Information Administration
WHAT IT MEANS:The decline is welcome news for struggling chemicals and plastics firms. But it's also a sign that natural gas demand is weak, which is especially true in the industrial sector.
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