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January 21, 2011The week in Asia witnessed a marginal climb in PP prices as demand trends in China were seen slowing ahead of the approaching lunar holidays, due to begin on Feb 3rd. CFR Far East Asia...
January 21, 2011After a month becalmed over the holidays, intermediates markets roared out of the gate in the first half of January with gainers running the table. The only exception was January...
January 20, 2011The petrochemicals market shook off the winter blahs with a will this week. Sellers say they were responding to strong demand in most markets with intermediates in particular roaring...
January 17, 2011North American propylene contracts have reached a rare multi-tiered settlement for the month of January, market players say. Polymer-grade propylene (PGP) settled at an increase of 17...
January 14, 2011Polypropylene (PP) prices bolstered in Asia. Prices firmed on the back of a steep climb in upstream prices of propylene and tight availability of prompt cargoes. Supporting the rise in...
January 14, 2011Crude oil prices rose sharply this week, with Brent jumping $4.27/bbl to $97.15/bbl and West Texas Intermediate gaining $2.60/bbl to $91.53/bbl. Despite that strong move, and despite...
January 12, 2011Aromatics markets were mostly firmer, if uneven, players say. Bids for spot benzene on the U.S. Gulf Coast rose 10 cts/gal while offers inched higher by half that. Action was thinner...
January 10, 2011Ethylene prices in Asia strengthened, rising from USD 1140-1150 to USD 1190 due to high demand. It is expected that the demand will go up further in January and should ease a bit with...
January 6, 2011Aromatics markets were active on both sides of the Atlantic. On the U.S. Gulf Coast, the activity was confined to contract talks, traders say. The January benzene contract was agreed...
January 6, 2011North American feedstocks were mostly down this week, on directionless crude oil prices. Ethane lost about 2 cts/gal, to 62 cts/gal, while propane was lower by a penny. Butane remained...