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Chemical Week Magazine :: CW Price Report

COMMENTARY

1:41 PM MST | January 11, 2008 | Chemical Week Editorial Staff

Crude oil fell more than $6 from an all-time intra-day high of $100.09/bbl last week, settling at $93.40/bbl at CW presstime. Feedstock prices eased somewhat in conjunction with primary hydrocarbons. U.S. naphtha lost 7 cts/gal last week, falling to 235 cts-236 cts/gal. Ethane fell back 2 cts-3 cts/gal in the U.S. after reaching a high of 117 cts/gal, while propane lost 2 cts/gal. U.S. spot ethylene prices added 3 cts/lb in a belated response to the feedstock surge. Material may become tighter this month, with turnarounds scheduled at Dow Chemical, Huntsman, and...

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