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June 3, 2011The ball was back in the North American court in the second half of May as export polymer prices continued their trans-Atlantic balancing act. This time it was North American prices...
June 3, 2011Spot naptha in northwest Europe was higher by $15/m.t. but the focus in olefins was downstream where the June contract for butadiene rocketed higher by €270/m.t. on strong demand...
June 3, 2011Aromatics markets were mixed but generally on the softer side as June contracts were settled on the U.S. Gulf Coast. Benzene tumbled 29 cts/gal, while mixed xylenes were lower in the...
June 2, 2011Naphtha moved up from USD 957.0-957.0 to USD 970.0- 972.0 on fluctuating crude prices. It is expected that prices will move northward and should be close to USD 980.0 - 990.0 in the...
June 2, 2011Olefins and feedstocks were mostly mixed in North America early this week in post-holiday trading. Ethane lost about 1 penny, while both butane and naphtha edged higher by 1 ct/gal...
May 26, 2011Ethylene prices drastically moved down this week from USD 1280-1290 to USD 1240-1250 as end use markets are sluggish. Operating rates are low due to the reduction in market demand...
May 25, 2011Intermediates markets were said to be out of phase, with the U.S. May contract for para-xylene finally being settled as discussions for pX in Europe as well as ortho-xylene on both...
May 25, 2011Between tornadoes in the U.S. central states and continued flooding along the Mississippi River, there was little interest reported in petrochemical markets. Stable crude oil and...
May 25, 2011Feedstocks in North America were mostly down this week on falling crude oil prices. Ethane shed 2 cts/gal, propane fell 4 cts/gal and butane was lower by about 3 cts/gal. Naphtha...
May 20, 2011Prices of PP softened due to a drop in propylene feedstock rates coupled with subdued demand trends pressured prices of PP lower across the region with buying trends in China seen very...