IHS Chemical Week

Prices Mostly Up in Asia

9:07 AM MDT | July 28, 2011 | Lindsey Bewley

Naphtha Price levels moved up from 965.0-967.0 to USD 995.0-997.0 as compared to USD 965.0-967.0 on higher crude prices. The market sentiments for derivative products as well as the end user segments are up in Asia, but in the coming weeks prices are expected to be firm, players say. Ethylene moved up from USD 1080-1090 to USD 1100-1110 on tight supply stemming from several producer shutdowns amid rising demand.   Propylene surged from USD 1430-1440 to USD 1470-1480 due to the growing market demand for the end user segments. Shutdowns in the region will...

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