IHS Chemical Week

Spot olefin market weakens in the US

1:14 PM MDT | April 9, 2013 | Lindsay Frost

In the olefins market, spot naphtha in northwest Europe skidded $35/m.t. this week—weakening spot olefins markets that sellers had been trying to stabilize after contract decreases. Spot ethlyene shed €20/m.t. ($26), while spot propylene held to a decrease of just €10/m.t. Butadiene contracts were settled at a rollover in the United States—with most producers agreeing at a contract of 84...

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