IHS Chemical Week

Economics :: Prices

CW Price Report

Commentary

8:40 AM MST | February 9, 2009

U.S. naphtha prices were quiet last week, while ethane was 2 cts/gal lower. Ethylene contracts for January ended a five-month nosedive and settled up 3 cts/lb, to 31.5 cts/lb, reflecting a more stable supply/demand balance, sources say. Spot olefins markets in Europe were quiet. Ethylene gained €25/m.t. butadiene prices were unchanged, easing onto what market watchers are calling a plateau. The bottom end of the trading range held level, while the top end eased by €50/m.t. Butadiene spot prices in Europe are now roughly even with spot numbers in North...

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