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Chemical Week Magazine :: CW Price Report

CW Price Report

Commentary

10:17 AM MDT | October 15, 2009

Rising crude oil and natural gas prices pushed North American feedstocks higher. ethane gained about a penny, naphtha rose about 3 cts/gal, while propane gained about 2 cts/gal and butane added about 1 ct/gal. Among North American olefins, spot ethylene fell about a penny, while notional assessments of spot propylene were down about 4 cts/lb for both grades, market players say. Spot butadiene fell about 5 cts/lb. In Europe, spot naphtha rose $15/m.t. The olefins markets were weaker after October contract gains were secured, buyers say. Spot ethylene slumped...

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