IHS Chemical Week

Olefins Prices Continue to Ease

10:17 AM MDT | May 18, 2012 | Lindsey Bewley

Continued weakness in crude oil and the growing financial crisis in Europe caused petrochemical markets to plunge this week. Ethane and propane were both lower by 6 cts/gal, while butane fell 9 cts/gal. Among U.S. spot olefins, ethylene was steady at about 55 cts/lb, while both grades of propylene lost a penny. Spot butadiene slid 3 cts/lb. Spot naphtha in northwest Europe was off $40/m.t. setting the tone for spot olefins. Ethylene tumbled €100/m.t. amid reports of weak demand in all key markets. Spot propylene fell €120/m.t., players say, while...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa