IHS Chemical Week

Economics :: Prices

CW Price Report

Commentary

10:25 AM MST | March 6, 2009

Petrochemical markets continued to be mixed last week, sources say. Crude oil prices climbed from their recent record lows but were not enough to affect the downstream market, sources say. West Texas Intermediate crude oil rose $2.54/bbl, to $41.65/bbl and continued to close ground on Brent crude, which increased $1.79/bbl, to $43.38/bbl. Natural gas on the Henry Hub Index modestly accelerated, rising about a quarter to $4.43/mBtu. Spot naphtha in Europe regained the $10/m.t. that it lost the week before. Spot ethylene rose €20/m.t. In North America, naphtha...

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