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Chemical Week Magazine :: CW Price Report

COMMENTARY

1:46 PM MDT | August 1, 2007 | Chemical Week Editorial Staff

Spot olefins on the U.S. Gulf Coast were quiet last week, market sources say. Spot ethylene narrowed its trading range but was essentially unchanged. No settlement was reported for the June ethylene contract; producers have nominated a range of increases from 3 cts-5 cts/lb. Propylene and butadiene were unchanged. Light steam cracker feedstocks in North America were lower by an average of 10% as both oil and natural gas numbers looked less threatening. In Europe, spot naphtha traded in a tight range, moving up or down by $10/m.t. and finishing the week flat...

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