glut

Olefins and derivatives spreads are likely to remain weak through 4Q and into 2026 due to a persistent regional supply glut driven mainly by China’s aggressive petrochemical capacity expansion.

This is good news for U.S. drillers, who suffered through a supply glut and some of the lowest prices on record last year.

Builders have a glut of unsold inventory and are leaning heavily on mortgage deals to tempt buyers.

This is a fresh sign of the widely expected supply glut, they say.

Rand Paul of Kentucky cited this spending glut as he became the only Republican in the Senate to vote against the budget.