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Chemical Week Magazine :: CW Price Report

CW Price Report

Commentary

1:36 PM MDT | March 25, 2010

North American feedstock prices climbed higher amid choppy prices for crude oil. Butane gained 8 cts/gal, naphtha rose 1 ct/gal and propane increased 3 cts/gal. Ethane held steady at about 59-60 cts/gal. U.S. spot olefins were mostly higher on supply issues limiting availability. Butadiene continued its climb, gaining 2 cts/lb and trading over the $1.00/lb mark. Polymer-grade propylene jumped 5 cts/lb while chemical-grade propylene increased about 2 cts/lb. Production issues have tightened propylene supply, market sources say. Ethylene, however, lost about 5...

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