in this issue
Economics :: Prices
Ethylene Margins Remain Negative Despite Price Hike
11:35 AM MST | February 20, 2009 | LINDSEY BEWLE
U.S. ethylene producers cut their losses in January with average ethylene margins of -2 cts/lb, compared with -4 cts/lb in December, analysts say. Margins remained negative despite a 3-cts/lb increase in contract prices. The January contract settlement at 31.5 cts/lb reflects a 2-cts/lb increase in production costs, combined with tighter supplies and the need for an incentive to make more product following a steep fall in margins in December, market sources say. Contract ethylene margins continue to hover slightly above break even, improving by 1 ct/lb, to 2...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee