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Chemical Week Magazine :: CW Price Report

COMMENTARY

12:59 PM MDT | July 25, 2007 | Chemical Week Editorial Staff

Rising feedstock prices pulled commodity prices along last week. Ethylene spot prices in the U.S. are approaching contract levels, with trade reportedly done at 39 cts/lb del. U.S. propylene spot prices were fueled by strong demand from the gasoline sector, rising to level off at contract prices. Butadiene markets were also tight, prompting producers to announce a 3-cts/lb increase for May contracts. European olefins prices advanced about €20/m.t. for ethylene and €10/m.t. for propylene as a result of production issues. Dow Chemical restarted its...

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