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Chemical Week Magazine :: CW Price Report

CW Price Report

Commentary

9:41 AM MDT | June 26, 2009

Cracker feedstock prices on the U.S. Gulf Coast fell along with crude oil costs last week. Spot ethane prices dropped 5 cts/gal, and propane decreased 6 cts/gal, sources say. Butane was off by 8 cts/gal. Naphtha sank 11 cts/gal in the U.S., but only fell by $10/m.t. in European spot trading, market players say. Spot ethylene prices were quiet, rising half a penny in the U.S. and remaining flat in Europe, sources say. However, other spot olefins moved sharply higher on both sides of the Atlantic, they say. U.S. spot propylene prices rose 6 cts/lb for...

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