IHS Chemical Week

European Olefins Make Gains

1:18 PM MST | January 19, 2012 | Lindsey Bewley

January continued strong for petrochemcial prices in Europe. Spot naphtha tacked on another $10/m.t. but spot olefins were beyond relying on upstream increases to support higher prices, sellers say. Spot ethylene surged €50/.t. while spot propylene gained €30/m.t. Buyers report they are bracing for triple-digit nominations for the February...

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