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Displaying 241 - 260 of 339 stories.
March 16, 2011
With the global petrochemical meetings in Houston and San Antonio just a week away, markets were generally quiet, traders say. That regular annual situation was enhanced by the tragic...
March 15, 2011
Unrest in the Mideast and Japan's mega-earthquake did not have much effect on North American feedstock or olefins prices. Among feedstocks, ethane rose about 2 cts/gal and propane...
March 11, 2011
Naphtha price levels rose to USD 985.0-987.0 from USD 956.0- 967.0 mainly due to crude pricing related to unrest in Libya and other parts of Middle East. The market has been severely...
March 10, 2011
The beat goes on in European polymer markets with polypropylene taking the lead this week. February contract settlements were said to have added €50/m.t. while spot export...
March 9, 2011
Aromatics markets were mixed, but showed some consistency within types. Spot benzene dropped a dime in U.S. Gulf Coast business, while European buyers knocked prices down an average of...
March 7, 2011
Prices of PP in Asia galloped higher. Price gains on the back of a surge in upstream propylene rates. Bullish global energy prices and firmer rates of naphtha in Asia also offered...
March 7, 2011
 U.S. ethylene contracts for the month of February have settled at a gain of 3.75 cts/lb, to 49 cts/lb. The February contract price represents an 8% premium over January contract...
March 3, 2011
Naphtha price levels rose from USD 870.0-872.0 to USD 965.0-967.0 Prices have been showing a upward trend are prices are expected to remain strong, possibly crossing 1000 USD in next...
March 2, 2011
Unrest across the Mideast continued to drive oil prices higher, with Brent crude reaching $115.14/bbl, an increase of $13.28/bbl in the past two weeks; West Texas Intermediate rose...
March 2, 2011
Aromatics markets were more mixed on both sides of the Atlantic. U.S. Benzene producers say they were disappointed with the 4 cts/gal increase secured for the March contract, as...
February 23, 2011
 Rising crude oil prices pushed North American feedstocks higher this week. Butane was up about 6 cts/gal and propane added about 4 cts/gal, while naphtha was higher by about 8...
February 16, 2011
 U.S. ethane prices surged after the fire at Enterprise's Mont Belvieu facility. Ethane gained about 10 cts/gal, up to about 72 cts/gal. Propane fell about a penny, while butane...
February 11, 2011
European spot olefins markets the internal factors netted out to stasis. Uptream markets for both Brent crude and spot naphtha were reported to be essentially flat. At the production...
February 10, 2011
A fire ripped through Enterprise Products Partners’ natural gas liquids (NGLs) storage facility at Mont Belvieu, TX yesterday afternoon following a pipeline explosion. One...
February 8, 2011
Polypropylene (PP) prices in Asia marched higher. A spike in upstream propylene feedstock costs supported the gains in PP as did firmer prices of crude and naphtha.  “The...
February 4, 2011
Naphtha moved up from USD 868.0-870.0 to USD 875.0-877.0 due to rising crude oil prices and restricted supply from Middle East. It is expected that the prices may go southward in the...
February 2, 2011
Unrest in Egypt drove crude oil prices higher, but traders did not report any immediate knock-on effect in chemical markets. Brent crude soared $6.23/bbl to break the century mark at...
February 1, 2011
In China PP firmed. Prices journeyed north on the back of reports of limited availability on the one hand coupled with bullish upstream costs on the other. CFR Far East Asia prices of...
January 26, 2011
In Europe, spot naphtha declined $50/m.t.. The decline helped to calm olefins markets, which were skittish on news of several maintenance turns that are expected to pinch supply...
January 24, 2011
Naphtha moved southward from USD 883.0-885.0 to USD 868.0-878.0 due to ample availability of the product from the Middle East. This was further supported by the availability of product...
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