IHS Chemical Week

Olefin prices relatively stagnant

8:39 AM MST | February 26, 2013 | Lindsay Frost

In the typically quiet third week of a month, trading was relatively quiet, players report. European spot olefins continued their slow march higher. Feedstock naphtha ticked higher by $10/m.t. supporting gains of €10/m.t. ($13) in ethylene and €20/m.t. in propylene. Butadiene stayed relatively flat—with a US spot price of 85...

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