Germany’s Bayer has warned that its 2019 earnings target had become harder to reach, becoming the latest agricultural supplies company to be affected by flooded U.S. farms and trade disputes. SEE MORE Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time in more than 10 years, supporting fuel demand growth in the world’s biggest oil user. SEE MORE Demand in the East Mediterranean (East Med) polyolefin markets remains weak, with soft offtakes likely to extend into August. SEE MORE European polyvinyl chloride (PVC) contract prices for July were settled with decreases in line with or slightly smaller than the cost reduction from feedstocks, as a result of a balanced market between supply and demand, and attempts to offset decreases in caustic soda. SEE MORE Downward pressure in US butadiene (BD) markets has persisted into the second half of the year as expected, with August BD contracts settling lower. SEE MORE