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Olefins Prices Move Higher in Asia

2:36 PM MDT | March 26, 2012 | Lindsey Bewley

Naphtha price maintained at USD 1080.0-1082.0 while ethylene prices levels rose $40/m.t., to USD 1380-1390.   Propylene prices moved higher by $10/m.t., to USD 1380-1390. The markets are firm and availability is tight due to a number of plant shutdowns in the region. Butadiene firmed from USD 3300-3310 to USD 3580-3590. There are number of plant shutdowns in the region making supply tight...

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