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Chemical Week Magazine :: CW Price Report

CW Price Report

Commentary

10:15 AM MDT | April 29, 2010

Without clear direction from crude oil, North American feedstock prices were mixed. Ethane was unchanged at 57 cts-58 cts/gal, while naphtha and butane each gained about 8 cts/gal. Propane rose about 2 cts/gal. U.S. olefins were also mixed. Spot ethylene declined about 9 cts/lb, as a few cracker restarts are expected to add supply, sources say. Spot propylene was unchanged. Butadiene gained about 7 cts/lb, to 107 cts-109 cts/lb. Meanwhile, the May contract price for butadiene rose 5 cts/lb, to 89 cts/lb, on tight supply. Spot naphtha was flat in northwest Europe...

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