U.S. Olefins and Feedstocks Directionless

Prices for U.S. olefins and feedstocks were directionless in the first week of August. Among North American feedstocks, both ethane and naphtha each lost a penny, while propane gained about 2 cts/gal. Butane was the clear winner, gaining 3 cts/gal. Spot olefins were also mixed. Spot ethylene on the U.S. Gulf Coast gained 1 ct/lb, in a widening range. Both grades of propylene followed ethylene's lead, tacking on a penny to spot prices. Butadiene was stable, but spot prices remain over...

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