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Olefins prices higher
2:14 PM MDT | June 17, 2013 | Lindsay Frost
Surprising strength in polymer markets is reported to have given a boost to spot olefins markets in Europe. Spot naphtha ticked lower by $10/m.t., boosting margins, cracker operators say. Spot ethylene was said to be higher by €20/m.t. ($27), while propylene accelerated up €30/m.t. In sharp contrast, spot butadiene plummeted $300/m.t. because of reported improved supply chain and softening...
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