The price spread in Asia between styrene monomer and its main feedstock benzene fell to a three-month low of $284/mt on Tuesday, as benzene supply has tightened while SM supply has increased, Platts data showed. The FOB Korea benzene ...
With the US styrene monomer price hitting a six-month low this week, the arbitrage to send cargoes from the US Gulf to Far East Asia has opened, traders said Friday. Offers for cargoes loading in June in the US and arriving in Northeast ...
Northwest European styrene monomer prices fell $91.50/mt or 5.5% from the start of May to close Thursday at a one-year low of $1,553.50/mt FOB ARA, Platts data showed. The last time it was lower was April 23, 2013 at $1,544.50/mt FOB ARA. ...
Tags: Styrene, polystyrene
Styrolution has nominated an increase of Eur30/mt ($42/mt) for its polystyrene contracts in May, the company said on its website Tuesday. The premium of its high impact polystyrene grade over general purpose grade was unchanged Eur105/mt. ...
Tags: Polystyrene, Styrolution
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
Japan's ethylene and ethylene derivatives exports in February fell 16.1% from a month earlier to 192,100 ethylene equivalent ton, or EET, Japan's Ministry of Economy, Trade and Industry said Monday. From a year earlier, the exports were ...
BASF increased sales and earnings in 2013 compared with the previous year. “2013 was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more closely together with ...
Tags: BASF, Construction Coating
Styrene monomer prices nosedived $40/mt or 2.4% Monday to $1,594.50/mt FOB Korea and $1,621.50/mt CFR China, compared to last Friday, as the Chinese market returned from the Lunar New Year holidays amid a build-up in inventory levels and ...
The price spread between imported styrene monomer, on a CFR China basis, and domestic SM widened to almost a nine-month high of $54.40/mt on Tuesday, due to stronger prices of SM and benzene in overseas markets, Platts data shows. On ...
Tags: styrene monomer, Chemicals
EQUATE Petrochemical Company President & CEO Mohammad Husain said that the Gulf’s total production capacity of petrochemicals and chemicals will exceed 150 million metric tons. On the occasion of EQUATE’s sponsorship of the ...
Tags: Petrochemical Capacity, Textile
The production margins for styrene monomer in Asia have shrunk to its lowest level in over six months as SM prices have tumbled globally since early September, Platts data shows. The SM price in Asia fell $34.50/mt, or 2.1%, day on day ...
Asahi Kasei Group announces results for 1st quarter fiscal year ending June 30, 2013. Overview of Consolidated Results 1. Consolidated group results Although the US economy showed signs of recovery with improving employment during the ...
Asian styrene monomer prices rose $8/mt from Wednesday's assessment, with Thursday morning pegs assessed at $1,808.50/mt FOB Korea and $1,837.50/mt CFR China amid market talk that Saudi Petrochemical Co, or Sadaf, has shut its 580,000 ...
Tags: Asian styrene monomer, Chemicals
The price spread between benzene and its main feedstock toluene plunged 26.7% day on day to a five-month low of $88/mt on an FOB Korea basis Wednesday, below breakeven levels, Platts data showed. Benzene has to be at a premium of ...
Tags: Benzene-Toluene, Chemicals
The spread between styrene monomer and its feedstock ethylene in Asia surpassed $500/mt for the first time Monday to hit a record high of $504/mt, Platts data showed, with the SM market continuing on its bullish streak due to tight supplies ...
Tags: SM-Ethylene, Chemicals