IHS Chemical Week

Olefins Fall in U.S. as Supply Loosens

9:55 AM MDT | May 19, 2010 | Lindsey Bewley

U.S. spot olefins were down this week as supply lengthened with the restart of a few crackers. Ethylene and both grades of propylene were down about a penny, while butadiene lost about 2 cts/lb. Spot naphtha in northwest Europe was off by $45/m.t. but stronger demand negated any losses and spot olefins ended the week with no material...

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