The Chemical Activity Barometer (Cab), rose by 2.5 per cent in August on a three-month moving average basis following a 3.0 per cent gain in July, reports the American Chemistry Council (ACC).

The American Chemistry Council (ACC) has reported that owing to the growth in China, global chemicals production rose by 0.6 % in June which is an improvement from the 0.5 % decline in May this year.

The Chemical Activity Barometer (Cab) rose 2.7 % in July on a three-month moving average basis following a 0.1 % gain in June, according to the American Chemistry Council. It further adds that on a year-over-year basis, the barometer fell 8.9 % in July.

The American Chemistry Council’s (ACC) ‘Mid-Year Outlook’ report has stated that the U.S. chemical industry output is declining and that the sector is expected to have a potential rebound in 2021.

The American Chemistry Council (ACC) has reported that the Chemical Activity Barometer (Cab) fell 5.5 % in April on a three-month moving average basis following a downwardly revised 2.9 % decline in March.

The American Chemistry Council (ACC) provides an interim update on the chemical industry amidst the global pandemic of Covid-19. ACC forecasts that U.S. chemical volumes are expected to fall 3.3 % in 2020 before rising 5.2 % in 2021. Also, global GDP is expected to contract by 2.5 % in 2020 before rebounding 6.0 % in 2021.

The American Chemistry Council’s Chemical Activity Barometer fell 2.6 per cent in March on a three-month moving average basis following a downwardly revised 0.1 per cent gain in February, states ACC.

According to a report by the American Chemistry Council, the U.S. Chemical Production Regional Index edged higher by 0.1 per cent at the beginning of the year. On a 3MMA basis, manufacturing activity rose by 0.3 per cent in January, added the report.

The American Chemistry Council (ACC) has reported that the U.S. speciality chemicals market volumes witnessed a 0.3 per cent decline in December following a 0.1 per cent gain in November.

The American Chemistry Council (ACC) has stated that the Chemical Activity Barometer was stable in November (3MMA) post a 0.3 per cent decline in October. Also, the barometer on a year-over-year basis was 0.2 per cent (3MMA).