IHS Chemical Week

European Olefins Mixed in Spot Trading

9:29 AM MDT | June 3, 2011 | Lindsey Bewley

Spot naptha in northwest Europe was higher by $15/m.t. but the focus in olefins was downstream where the June contract for butadiene rocketed higher by €270/m.t. on strong demand and tight supply, sellers say. The knock-on effect was to send the other key olefins in oposite directions in spot trading, with ethylene lower by €30/m.t. and propylene higher by €20/m.t...

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