NEWSLETTER – FEBRUARY 2017

February 2017

NEWSLETTER – FEBRUARY 2017

Copper recently reached the highest level since June of 2015. News out of Washington of up to $1 trillion in infrastructure spending led the recent surge. Late 2016 the industry was projecting a surplus of copper for 2017. The new forecast with projections for US and Chinese demand to grow, along with lower than expected supply, has pushed copper to a deficit in 2017.

 

The future price direction is anyone’s guess. It has risen 30% since November. That is a big run up however first quarter tends to be bullish for prices. The copper metal is the main impact on Copper Sulfate prices.

 

Zinc remains strong with projections it’s going even higher. This is a good time to look at purchasing Zinc Sulfate before those higher levels are priced into the product.

 

We have added some lower cost options to our current products offered. Alternatives to our traditional products are Potassium Hydroxide Flake, Magnesium Sulfate (Epsom salt), STPP, and Aluminum Sulfate. For those products we will now carry two sources.

 

MARKET NEWS

 

Increases:

 

Isocyanuric Acid
Tetrapotassium Pyrophosphate

 

Decreases:

 

Other:

 

Chem One is proud to announce the launch of its new website please check out the new features at www.chemone.com. If you are already registered you will use your existing login information if you are not registered please do so to see all the information available for our customers in the new customer portal. You will find the site easier to use and very tablet/Smartphone friendly. We welcome any and all comments and we hope you find the new ease of use of value to you now and in the future.

 

Chem One will be closed on the following days;

 

Chem One Holiday Schedule

 

Memorial Day – May 29th, 2017
Independence Day – July 4th, 2017
Labor Day – September 4th, 2017
Thanksgiving Day – November 23rd, 2017
Day After Thanksgiving – November 24th, 2017
Christmas Day – December 25th, 2017
Day After Christmas – December 26th, 2017

 

REGULARTOR NEWS

 

The Emergency Planning and Community Right-to-Know Act (EPCRA) finalized in 1986 was implemented to help communities within the United States plan for chemical emergencies. It requires the reporting of the storage, use and releases of hazardous substances within each state.

 

Reporting is done through the Tier I and Tier II reporting requirements and procedures and these are done at a State level. 

 

For many states the detailed Tier II reporting is due by March 1st therefore February is the time to begin accessing your states Tier II reporting tools online. For your States reporting requirements go to www.epa.gov/epcra

 

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