NEWSLETTER – JUNE 2017

June 2017

NEWSLETTER – JUNE 2017

Chem One Newsletter ChemOne

 
 
Chem One Ltd June 2017

WHAT’S NEW

Prices have stabilized across all of our dry commodity chemicals. China remains an origin that could increase due to plant closures caused by environmental concerns. The changes we have this month are on products that haven’t changed in years. Metals are trading within a narrow range. The metals are the raw materials for our copper and zinc products.

Pallet quantities of all of our products are stored at our warehouse in Houston, Texas ready for immediate shipment. Full truckloads require lead time and during the peak season it’s never too early to plan. Water treatment and fertilizer markets have been and remain in peak season.

Laredo, Texas was hit by a fierce storm in late May causing one of the Ports of Entry used for commercial crossings from Mexico to be closed.  Structural damage was reported on the World Trade International Bridge.  Although it seems at time of print they were open for empty trailer crossings and would be open after Memorial Weekend, a closing of this port of entry for any length of time could cause some back-up and delay of product. There are two bridges for crossings from the Mexican border therefore there is an alternate however we did want to prepare you for any delays if they do happen.

In this issue:

What’s New
Market News
Regulations
Quick Links

QUICK LINKS

About Us: What We Do

United States International Trade Commission

OSHA

 

MARKET NEWS

Increases:

Magnesium Sulfate Heptahydrate
Manganese Sulfate granular and powder

Decreases:

Sodium Acid Pyrophosphate

Other:

Sourcing freight is one of the value added services that Chem One will perform for you when purchasing our products both LTL and truckloads.  All truckload sourcing sees dramatic hikes and additional lead time at this time of the year due to a well know seasonal issue “Produce Season”.

Produce season causes an increased demand for capacity in the southern regions of the United States. There’s a lot a freight that needs to move quickly, or else the fresh produce will spoil or go bad. Produce shippers are willing to pay a premium to secure capacity to move their freight to ensure their product gets on the shelf as quickly as possible. Carriers are going to go after the more attractive rates, because it’s more money in their pockets. This creates fewer trucks (tight market) and an increased demand which of course means rates to go up.

For Texas (both Chem One’s HQ warehouse location and Laredo its border location) it starts late in March, with tightening capacity through April then it’s in full swing (tight capacity) May and June.  It ends in July where you’ll see the market loosen up and rates to return to normal.

 

REGULATORY NEWS

“Senate panel advances regulatory reform bills”

“The Hill” reported mid May the following;

A Senate panel advanced a half dozen regulatory reform bills, including the Midnight Rules Relief Act.

The Midnight Rules Relief Act sponsored by Sen. Ron Johnson (R-Wis.) would make it easier for lawmakers to strike down multiple regulations at the same time.

The panel’s action comes as Republicans turn their sights to longer-lasting regulatory reforms, having mostly finished using the Congressional Review Act (CRA) to target specific Obama-era rules.

The act allows lawmakers to bypass Senate rules and overturn regulations with a simple majority. However, Congress must vote on each rule individually.

“This kind of retrospective work is necessary, but it is only a small portion of the more than 2,500 new rules President Obama’s administration issued in its last six months, or the more than 4,000 during his final year,” Johnson said.

The Midnight Rules Relief Act would save Congress time, by allowing lawmakers to strike down multiple regulations in one vote, Johnson explained.

Only time will tell…

 
Sales Team  
   
Traci Breeding Traci@chemone.com Ext. 169
  Direct Line: (281) 653-0169
Rita Maleski Rita@chemone.com Ext. 168
  Direct Line: (281) 653-0168
Terry Podlogar Terry@chemone.com Ext. 166
  Direct Line: (281) 653-0166
Lynne Walsh Lynne@chemone.com Ext. 170
  Direct Line: (281) 653-0170
Debbie Matthews Debbie@chemone.com Ext. 165
  Direct Line: (281) 653-0165
Dick Ward rlward37@bellsouth.net
  Cell: (404) 406-8731
 
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