IHS Chemical Week

Petchem prices varied

2:06 PM MST | December 3, 2012 | Lindsay Frost

Commodity petrochemicals went their separate ways on opposite sides of the Atlantic this week, with European olefins lower. Spot naphtha in northwest Europe continued ticking higher and lower in small increments, this week slipping $5/m.t. The lack direction extended to olefins, where the December contract was reported settled at a roll from November. Propylene contracts eased lower by €17/m.t., while butadiene was done down by €40/m.t. players say. On the spot side, ethylene notched lower by €10/m.t. while propylene shed €20/m.t. Butadiene...

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