Braskem Idesa (BI) imported approximately 35,000 tons of ethane from the United States in the fourth quarter of 2020, to complement the ethane supplied by Pemex. As an annual average per day, the volume equals 7,000 barrels. It also represented 9% of the polyethylene utilization rate of the
The peso starts the session with an appreciation of 0.84% or 17.6 cents, trading around 20.72 pesos per dollar, with the exchange rate touching a minimum of 20.7002 and a maximum of 20.9275 pesos. From a technical point of view, the possibility is open for the peso to
Pepsico Inc. achieved a 22% share in the liquid soft drink category in the United States during 2020. At the same time, The Coca-Cola Company had a 20% share in that same category. But Pepsico’s share fell from 24% in 2016 to 23% in 2017 and then to
Natural gas consumption in the United States was lower in 2020 in all sectors except electric power, the Energy Information Administration (EIA) reported. U.S. natural gas end-use deliveries in 2020 declined in three out of four consuming sectors relative to 2019, according to EIA’s Monthly Natural Gas. Despite
The peso closed the session with an appreciation of 1.43% or 30.2 cents, trading around 20.89 pesos per dollar, with the exchange rate touching a minimum of 20.8719 and a maximum of 21.2851 pesos. With this, the exchange rate accumulates two sessions of downward correction, in which the
The fiscal package approved this Wednesday in the United States will boost Mexican exports, as well as remittances to Mexico, highlighted the Washington Office of the Business Coordinating Council (CCE). Likewise, the package was approved along partisan lines in both houses. The core element is direct support to