IHS Chemical Week

High demand in olefins increases spot market activity

11:01 AM MST | January 21, 2013 | Lindsay Frost

Market watchers report robust activity in European spot olefins markets, because of better-than-anticipated demand. Sellers say they were seeking to rebuild margins. Spot naphtha slid $30/m.t., which helped that effort. Spot ethylene rose €60/m.t. ($80), while spot propylene gained €40/m.t., players report. Butadiene was said to gain $50m.t. in spot...

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