Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > revival in chlor-alkali demand
View:
Post by Nawaralsaadi on Jun 26, 2014 1:27pm

revival in chlor-alkali demand

It seems we are witnessing a revival in chlor-alkali demand:

US chlor-alkali operating rates at one-year high in May: trade group

Houston (Platts)--20Jun2014/326 pm EDT/1926 GMT

US chlor-alkali facilities operated at 86% capacity in May, according to data released Friday by the Chlorine Institute, the highest effective operating rate since the 87% seen in May 2013.

May 2014's operating rate represented a 5-percentage point spike from the 81% seen in both April and March.

US chlor-alkali producers made 852,131 st of liquid chlorine, 1,044,322 st of chlorine gas and 1,099,203 st of liquid sodium hydroxide in May, the trade association said. The monthly production corresponds to daily rates of 27,488 st/d of liquid chlorine, 33,688 st/d of chlorine gas and 35,458 st/d of liquid sodium hydroxide, it said. The total volume of sodium hydroxide was the highest since January 2011's 35,658 st/d, when production rates were at 92%.

In May 2013, daily production rates were 26,012 st/d of liquid chlorine, 32,275 st/d of chlorine gas and 33,249 st/d of sodium hydroxide.
Companies reporting monthly data to the Chlorine Institute account for 93% of US capacity.

Market sources said that strong water purification and downstream vinyls demand -- chlorine is one of the main feedstocks for PVC -- were the driving factors behind the increase in operating levels.

https://www.platts.com/latest-news/petrochemicals/houston/us-chlor-alkali-operating-rates-at-one-year-high-21793288

--------

The second half of the year is looking increasingly positive for Canexus, Chlor Alkali demand seems to be rebounding, pricing is improving (Axiall and Inos raising prices July 1st), HCL demand is very strong due to high oil prices, Sodium Chlorate demand is stable, South America running on all cylinders, and finally NATO construction is 2 months away from being completed and a new CEO should join the company very soon.

Regards,
Nawar
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities