Northwest European methanol spot prices have fallen below Eur300/mt for the first time since October 2, 2012, under pressure from ample supplies in the market, according to sources. Platts assessed spot methanol at Eur299.50/mt ($411/mt) ...
Tags: Methanol, spot prices
The May US mixed xylene contract price settled down 4 cents to $3.50/gal ($1,060.50/mt), industry sources said Tuesday. A lower settlement was anticipated by market participants due to quiet demand in downstream markets and from the Asian ...
US ethylene contracts for March and April were nearing settlements that would combine for a 2.75-3 cents/lb ($61-$66/mt) decrease, sources said Friday. Sources with two buyers said the net transaction price for March was beginning to ...
Tags: ethylene, spot ethylene
The April US contract price for acetone settled 1.25 cents ($27.56/mt) lower at 67.25 cents/lb ($1,482.59/mt), sources said Monday. Market participants expected the contract to decrease, but anticipated a 2-3 cents decline because of slow ...
Tags: spot acetone, acetone
Initial nominations for US polymer-grade and chemical-grade May propylene contract prices are calling for a rollover at 71 cents/lb and 69.50 cents/lb, respectively, sources said Friday. ExxonMobil Chemical is the only producer with ...
Tags: Propylene, chemical-grade
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
US methanol distributor Southern Chemical cut its domestic May methanol contract by 10 cents to $1.70/gal FOB US Gulf, the company said Thursday in a letter to customers. The decrease follows an 11-cent drop, to $1.80/gal FOB US Gulf, in ...
Tags: Methanol, Southern Chemical
Asian benzene prices dropped $19.50/mt Wednesday, pulled lower by a tumble in US benzene Tuesday, but the magnitude of the fall in US prices has nearly closed the arbitrage window from South Korea to the US, according to sources. Spot ...
Tags: Benzene, benzene prices
The US spot benzene assessment reached its lowest level in nearly five months Tuesday at $4.45/gal ($1,331.89/mt) FOB USG for April. Spot pricing was last seen at this level November 26, Platts data showed. US spot benzene has been on a ...
Tags: Spot Benzene, Benzene
The Northwest European styrene monomer/benzene spread rallied to a month-high Tuesday of $203/mt on stronger styrene, rebounding from a one-year low of $148/mt established April 4 but still representing deeply negative production margins, ...
Tags: Styrene, spot product
US orthoxylene contracts were heard settling at 57 cents/lb ($1,256/mt) for April, down 1.5 cents from March, industry sources said Thursday. There had been expectations in the market that contracts could roll over, with feedstock-mixed ...
Tags: Orthoxylene, OX demand
The arbitrage to ship styrene monomer from the US Gulf to Northeast Asia has opened this week after being closed since late last year, traders and end-users in Asia said. But demand remains uncertain as China still has a relatively high ...
US spot mixed xylene prices fell to a 20-month low Monday at $3.54/gallon ($1,072.62/mt) FOB US Gulf Coast. Spot prices were last seen lower on June 28, 2012, when assessed at $3.50/gal FOB USG, Platts data showed. Mixed xylene prices ...
Tags: Mixed Xylene, xylene imports
US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...
March contracts for US orthoxylene rolled over for March, settling at 58.5 cents/lb ($1,290/mt), market sources said Thursday. Contracts were settled Wednesday, they said. Sources said sellers went into negotiations seeking a slight ...
Tags: orthoxylene, Chemicals, March contracts