IHS Chemical Week

Olefins prices mostly drop

3:17 PM MDT | July 1, 2013 | Lindsay Frost

Petrochemical markets returned to active trading this week after a quiet previous week. The entire ethylene chain was in play, market watchers say, with feedstocks and oelfins lower, but polymer producers seeking to raise June contract prices. Spot naphtha slipped $25/m.t. in northwest Europe. Spot ethylene was reported lower by €20/m.t. while spot propylene ticked down €10/m.t., sources...

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