IHS Chemical Week

Economics :: Prices

Spot Ethylene Prices Plummet on Weak Demand, Lower Crude

12:34 PM MDT | October 24, 2008 | Rebecca Coons

Olefin markets have responded to sluggish demand and economic uncertainty with big price falls, market sources say. U.S. spot ethylene prices have fallen 25 cts/lb in the past three weeks, to 30 cts-31 cts/lb. Prices have fallen more than 50% from a mid-July peak of 69 cts-70 cts/lb, sources say. The drop is roughly in line with crude oil prices, which peaked at $147/bbl on July 11 and fell below $75/bbl last week. Feedstock prices dropped from peak levels faster than ethylene prices during the latter half of the third quarter, causing ethylene margins to...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa