MEGlobal set its June North American Benchmark price for monoethylene glycol at 63 cents/lb, a rollover from May, a company source said Friday. Market players said Friday there was also talk that other US producers could keep prices flat ...
Tags: MEGlobal, MEG Benchmark
The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
Arbitrage shipments of styrene monomer from the US and Europe are set to arrive in China in late May and June, likely widening the backwardation between the two months in the Asian SM market, trade sources said Thursday. Around ...
Tags: SM Arbitrage Cargoes, Chemicals
LyondellBasell has settled its April Northwest European styrene monomer contract price at Eur1,413/metric ton ($1,837/mt) FCA Rotterdam, one of the company's customers confirmed Friday. LyondellBasell wasn't immediately available Friday ...
Tags: LyondellBasell, Chemicals
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
The Peruvian polyvinyl chloride market flipped into backwardation for April as buyers took long positions in anticipation of lengthening supply in second-quarter 2013, sources said Thursday. "Consumers are buying only the minimum amount ...
Tags: PVC Dips, Seasonal Demand, Peruvian
The FOB Singapore cash differential to the Mean of Platts Singapore assessment for 180 CST high sulfur fuel oil widened to a near six-month high Monday, on increased demand for 180 CST as a cutter stock amid heavy refinery maintenances in ...
The Northwest European March benzene contract price has been fully settled at Eur1,054/mt, or $1,380/mt, CIF ARA, industry sources confirmed Friday. The settlement represents an increase of Eur14/mt and a decrease of $28/mt compared ...
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
Styrene's premium to its feedstock benzene rose to its highest in four months in the Northwest European market, Platts data showed. The premium was assessed at $346/mt at Friday's close, mainly due to falling benzene prices. The premium ...
Tags: styrene, benzene, Styrene's premium
European monoethylene glycol spot prices moved higher in the week to Friday as the turnaround season in Europe approaches and as Asian prices increased, sources said. FCA prices were assessed Friday Eur10/mt ($13.6/mt) higher on the week ...
The Northwest European styrene monomer/benzene spread has almost tripled in a month, widening $177.50/mt to $276.50/mt Wednesday, Platts data showed. The spread was $99/mt on December 17. While styrene spot values have declined ...
Tags: Northwest Europe, styrene monomer, benzene