IHS Chemical Week

Archives :: Economics :: Prices

Displaying 81 - 92 of 1079 stories.
August 11, 2016
US nonfuel-use propylene inventory dropped during the week ending 5 August, according to data released by the US Energy Information Administration. The decline, the fifth in as many weeks, came with the market awaiting renewed supply from Dow's 750,000 metric tons propane dehydrogenation (PDH) unit in Freeport, Texas....
August 10, 2016
US benzene imports dropped in June, capping off an overall second-quarter decline, according to data compiled by IHS. The June result had been expected sinces Asia had been cutting back on benzene shipments because of production issues in the region....
August 9, 2016
The steep backwardation for benzene spot prices between August and September indicates that prompt availability, which emerged as an issue at the end of July, continues to trouble the...
August 5, 2016
Operational issues this week have pushed US ethylene and propylene spot prices to highs not seen in a year or more. Prompt ethylene traded on Wednesday at 30.00-34.50 cents per pound. On Thursday, propylene trading reached 35.00 cents per pound for August delivery....
August 4, 2016
A recent surge in Europe's benzene price has prompted a sharp increase in the region's cyclohexane price for August. A premium for European product has once again returned, which could...
August 3, 2016
US nonfuel-use propylene inventory fell in the week that ended on 29 July, according to data released by the Energy Information Administration (EIA) on Wednesday. It was the fourth...
August 2, 2016
US benzene inventory data released late last week by the American Fuel and Petrochemical Manufacturers (AFPM) showed an unexpected second-quarter increase as declining imports from...
August 2, 2016
Europe's styrene barge contract price for August settled Tuesday at €1,055 ($1,184) per metric ton FOB Rotterdam, Netherlands, a rollover from the July settlement. The August...
August 1, 2016
Europe's August benzene and toluene contract settlements will have a hefty spread of at least $240 per metric ton between the prices of the two products. Europe's benzene and toluene...
July 29, 2016
Delays in ethylene expansion projects by LyondellBasell Industries (Houston) and Chevron Phillips Chemical (CPChem; The Woodlands, Texas) could mean a tight US market in 2017. LyondellBasell and Phillips 66, which operates CPChem as a joint venture with Chevron, revealed the developments during their respective quarterly earnings calls on 29 July....
July 29, 2016
US benzene inventory is expected to tighten further in August, according to IHS Markit, as fewer imports are likely to arrive from Asia. Spiking prices in Europe could also draw material away. The situation is likely to be short-lived, as imports from Asia could pick up again in September on renewed supply from Jurong Aromatics Corporation (Singapore) and lower buying from China, owing to falling crude prices and styrene turnarounds in the region....
July 29, 2016
Asia's August para-xylene (p-xylene) contract price (ACP) has settled at $775 per metric ton cfr, down from $800 per metric ton in July, sources close to the negotiating process say...
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