IHS Chemical Week

Economics :: Prices

COMMENTARY

10:01 AM MST | November 20, 2007 | Chemical Week Editorial Staff

U.S. naphtha eased a dime on lower crude. Spot ethylene was quiet as strong demand was offset by the restart of Flint Hills’ Port Arthur, TX cracker. U.S. spot butadiene prices eased to 50 cts-51 cts/lb as an outage at a major consumer increased supply, market sources say. Polymer grade spot propylene rose to 60 cts-61 cts/lb on delayed cracker restarts, market sources say. Crude oil settled back to $95/bbl last week after peaking at $97/bbl, but the scale of the change was less important than the direction, market watchers say. Natural gas edged lower from...

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