Olefin spot pricing lowered

Spot pricing for olefins turned lower in US and Europe last week. Spot naphtha was off $20/m.t. in northwest Europe. That combined with weaker derivative demand pulled European spot olefins down. Ethylene was lower by €30/m.t. ($39), while propylene was down €20/m.t. players say. Spot US ethylene, chemical-grade propylene, and polymer-grade propylene prices were all down as...

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