Lower Crude Prices Keep Olefins Prices Down

The U.S. spot olefins market lost some steam this week, as demand for most olefins slightly eased, market players say. Both grades of propylene fell about 1 ct/lb, while butadiene was lower by about 2 cts/lb. However, spot ethylene continued its upward climb on increased demand, gaining about 1 ct/lb. In Europe, naphtha prices were lower by just $10/m.t., cracker operators say. Spot olefins prices held fairly steady, with propylene level, ethylene lower by about €20/m.t. and butadiene down by an average of €35/m.t., in a narrowing range, sources say...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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