European polyethylene spot prices have extended their gains this week, rising Eur10/mt ($13.40/mt) on the week to Eur1,270-1,275/mt FD Northwest Europe, which market sources attributed to tighter supplies as European LDPE producers scale ...
Tags: Polyethylene, Tight Supplies
European polyethylene prices have fallen in the run-up to the K Fair international plastics and rubber trade fair in Dusseldorf, on the back of volatile upstream prices and robust supplies which kept buying hesitant, sources said. Low ...
Tags: Chemicals, polyethylene
Propane remains the preferred feedstock for petrochemical users in Northwest Europe, due to lower prices compared with butane, sources said this week. "We are buying propane -- it makes sense right now," said a trader. Large propane ...
A combination of planned and unplanned outages sent ethylene spot prices to a 2013 high of Eur1,180-1,185/mt ($1,560-1,5667/mt) FD NWE Friday, soaring by Eur98/mt on the week. Volatility of feedstocks added to upward pressure on spot ...
Tags: Ethylene, Spot Prices
European linear low density polyethylene C4 contract prices logged a Eur20/mt ($26.50/mt) gain on the week to touch a four-and-a-half month high of Eur1,450-1,455/mt FD Northwest Europe, buoyed by tight supplies and oil price spike, sources ...
Tags: LLDPE, Chemicals, polyethylene
Polyethylene producers are targeting higher prices in September amid increases in feedstock naphtha and improved economic data, sources said this week. Naphtha was assessed at $914.5/mt CIF NWE Wednesday, up $2.50 on the week. The average ...
Tags: Polyethylene, Chemicals
NWE ethylene spot prices rose Eur15/mt on the week Thursday to Eur1,020-1,025/mt ($1,314-1,320) FD NWE, driven by better-than-expected offtake from primary derivative polyethylene in July. On Friday, a buyer and seller confirmed a 2,000 ...
Tags: Ethylene, Spot Prices
Buying interest from the petrochemicals sector in Northwest Europe has enlivened the North Sea butane market over the last week, according to industry sources. Over the summer period, North Sea mixed butane is used by the gasoline-related ...
Tags: Petrochemicals, Butane Market
Gasoil volumes from Northwest Europe have been heading to the Red Sea, rather than from the traditional supply region of Asia, to meet rising demand for power generation in the Middle East, ahead of the Muslim holy month of Ramadan, driven ...
Tags: Gasoil Volumes, Power Generator
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
European naphtha prices have come under pressure from run cuts in the polyolefin chain as well as falling crude prices, with ICE Brent futures sinking to an eight-month low Friday, sources said. CIF NWE naphtha was assessed at $846.50/mt ...
Tags: polyethylene market, polyethylene
European ethylene and propylene supply has tightened amid a spate of production issues, though the impact of this on spot prices is being moderated by poor derivatives demand, according to industry sources. Availability to the market had ...
Tags: NWE Ethylene, Propylene, LyondellBasell
Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important $400/mt mark for the first time since mid-November to be assessed at $379.75/mt at ...
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use
European ethylene has firmed over the last week on a pick-up in demand from buyers, according to sources Monday. "Our crackers and polyolefin plants have ramped up rates as demand has improved. We are operating at plus 80% on our plants," ...