COMMENTARY

U.S. spot naphtha lost 13 cts/gal from last week, and propane traded 10 cts/gal lower. Both chemical-grade and polymer-grade propylene contracts gained half a penny for January. This fell short of nominations ranging from 4 cts-7 cts/lb due to slowing derivative demand, sources say. Spot ethylene continued to trade at 54 cts-55 cts/lb, with more deals being done higher in the range, sources say. European spot naphtha shed $50/m.t. while spot ethylene gave up $30/m.t. Spot propylene declined €20/m.t. and spot butadiene dropped $25/m.t. A dispute has...

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