IHS Chemical Week

Olefins Prices Mixed in Pre-Holiday Trading

8:48 AM MST | November 24, 2010 | Lindsey Bewley

Prices were mixed this week from primary hydrocarbons all the way down the supply chain to intermediates. West Texas Intermediate was lower by $1.64/bbl to $80.70/bbl, but Brent crude was off by only 60 cts/bbl to $83.26/bbl. At the same time, spot natural gas on the Henry Hub gained 24 cts/million Btu to $3.94/million Btu. In the U.S., feedstocks were mixed despite falling crude oil prices. Ethane fell about 3 ct/gal and naphtha ticked lower by a penny, while both propane and butane gained 1 ct/gal. Meanwhile, North American spot olefins prices were also mixed...

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