U.S. Olefins Prices Mostly Lower

Olefins prices in the U.S. eased this week on lower crude oil prices. Spot ethylene was lower by about 3 cts/lb, while both grades of propylene also fell about 3 cts/lb. Butadiene, meanwhile, kept its momentum and gained about 5 cts/lb, pushing it to a spot average high of about $2.10/lb, players say. On the contract side, a butadiene producers has nominated a contract increase of 10 cts/lb for July, market sources say. On the feedstocks side, gains were most notable for naphtha, which tracked crude oil lower and lost about 13 cts/gal. Butane fell about 5...

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