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Chemical Week Magazine :: CW Price Report

CW Price Report

Commentary

10:59 AM MST | December 17, 2009

Feedstock prices in North America fell in line with lower crude oil prices. Ethane lost about 5 cts/gal, propane was down 3 cts/gal, and butane and naphtha fell about 10 cts/gal. U.S. olefins were quiet, with little movement in spot trading, market sources say. Spot ethylene fell about 1 ct/lb. With December contracts settled for propylene and butadiene, ethylene is the only contract left to settle. A two-month agreement for November and December is expected, players say. Spot naphtha in Europe lost $25/m.t. in line with decreasing crude prices. An outage at...

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