Olefins Prices Continue to Decline

Ethane fell about 6 cts/gal, while propane declined by the same amount. Butane dropped 11 cts/gal, while naphtha was lower by about 15 cts/gal. Among spot olefins, ethylene dropped to its lowest point this year, to 53 cts/lb, on weakening ethane values. Propylene spot prices followed suit, sagging about 2 cts/lb. Spot butadiene, meanwhile, fell about 12 cts/lb, while settlements for June plunged about 50 cts/lb, to $1.08/lb. Olefins contact settlements for June tumbled in northwest Europe this week, with butadiene leading the way with a vertiginous plunge...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers