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Olefins Prices in Europe Rise Slightly on Expected Maintenance Outages
9:08 AM MST | January 26, 2011 | Lindsey Bewley
In Europe, spot naphtha declined $50/m.t.. The decline helped to calm olefins markets, which were skittish on news of several maintenance turns that are expected to pinch supply, market sources say. Ethylene spot prices rose €20/m.t. while propylene rose €10/m.t., market watchers say. Butadiene was reported to be the top gainer for the week, rising $100/m.t. The February contract for butadiene was also reported to be settled at an increase...
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