IHS Chemical Week

Olefins prices mostly higher

9:42 AM MDT | May 28, 2013 | Lindsay Frost

Supply pinches, combined with surprising strength in polymer demand, have served to firm spot olefins prices this week. Ethylene was reported to be traded higher by €30/m.t. ($39), while propylene was said to have gained €20/m.t. Some buyers dismiss the increases as opportunistic selling in advance of June contract negotiations. Spot butane and naphtha in the United States were...

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