Olefins Prices On the Upswing

Commodity petrochemical prices accelerated gains this week, if unevenly. Spot ethylene ticked up by 4 cts/lb, while both grades of propylene were higher by a penny. Spot butadiene was higher by 2 cts/lb. The big story came in contract settlements for February butadiene, which concluded at an unusually wide range of $1.18- $1.30/lb. Some contracts rose by 18 cts/lb on the high end and about 13 cts/lb on the low end. Contracts for ethylene settled at a gain of 1 ct/lb, to 55.75 cts/lb for the month of January. On the feedstocks side, ethane prices have dropped...

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