Olefins Prices Make Moves in New Year

With faint but multiple indications of economic recovery, petrochemcials roared out of the gate this year, with significantly higher contract settlements reported for January. Higher oil prices also gave some impetus, with both Brent crude and West Texas Intermediate higher by $4/bbl, Brent to $111.54/bbl and WTI to $102.96/bbl. Only natural gas sat out the dance, with Henry Hub spot prices flatlined at $2.98/million Btu. Among North American feedstocks, ethane rose 4 cts/gal, while propane gained a penny. Butane, however, lost about 8 cts/gal, while naphtha...

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