IHS Chemical Week

Chemical Week Magazine :: CW Price Report

COMMENTARY

9:21 AM MDT | October 20, 2008 | Chemical Week Editorial Staff

Price declines in global petrochemical markets were sizable over the past week, exceeding 20% in some cases, as economic uncertainty and fear of a worldwide recession kept buyers away. Spot ethylene plummeted 20 cts/lb, with several deals done last week for November, and 35 cts/lb for December delivery, sources say. The market is balanced, but sellers have an aggressive drive to discount and move volume, sources say. Three crackers are still down due to flooding after Hurricane Ike last month, and demand is weak. Polymer-grade propylene contracts settled 20...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa