The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $501.50/mt Monday, Platts data showed, as the SM market surged on news that South Korea's Lotte Chemical had delayed the restart ...
Tags: SM-benzene, Chemicals
The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $437/mt Monday, as SM prices jumped on tight supply, Platts data showed. SM was assessed at $1,718/mt FOB Korea Monday, up ...
Tags: SM-Benzene Price, Chemicals
The price spread between styrene monomer and its main feedstock benzene was pegged at $391.50/mt Thursday morning, its widest point in more than four years, as SM remains firm after an unexpected shutdown by South Korean producer Lotte ...
Tags: styrene monomer, SM-Benzene Price
Styrolution Europe has nominated a Eur25/mt increase in its polystyrene contract price for June from May, the company said Tuesday. The company did not provide an outright value for its contracts but added that the premium of its high ...
Tags: GPPS, Styrolution, Chemicals
Polish chemical producer Synthos has begun an emergency shutdown of all units at its petrochemical complex in Kralupy, Czech Republic due to extreme flooding by the Vltava river, a company source said Monday. "We are closing production of ...
Tags: Petrochemical, Vltava Floods
The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...
Tags: Chemicals, petrochemical, styrene monomer
The Northwest European styrene monomer benchmark has climber $137.50/mt or 8.9% from a year-to-date low of $1,537.50/mt on April 22 to $1,675/mt FOB ARA Tuesday, Platts data showed. The rally was due to a combination of increasing demand ...
Tags: NWE Styrene, styrene monomer
The spread between Asian styrene monomer and benzene prices widened to a six-week high of $356.50/mt Thursday, up $20/mt or 6% from a day earlier, as China's shrinking SM inventories lifted SM prices, Platts data showed. The last time the ...
Tags: SM-Benzene, Benzene
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
US spot styrene margins are poised to remain flat to slightly higher following the procurement of cheaper feedstock ethylene estimated to begin in 2015-2016 as a result of the shale gas plays, industry sources said Monday on the sidelines ...
Tags: SM Margins, Chemicals, lighter crude
The spread between Asian styrene monomer and benzene widened to an 18-month high of $339.50/mt last Friday, as limited supply pushed SM prices higher amid a weakening benzene market. The last high for the spread was on September 19, 2011, ...
Tags: SM, benzene, styrene monomer
Margins for producing styrene monomer in Asia have shrunk rapidly in March as SM prices tumble amid weak sentiment in China, with the spread to feedstock benzene narrowing 17% and to naphtha shrinking 8% since the end of February, Platts ...
Tags: SM Margins, styrene monomer, Asia
The price gap between imported and domestically produced styrene monomer in key consumer market China, which hit its widest 11-month high Monday, may dampen demand for imports and potentially restrict buoyant global SM prices, market ...
Tags: styrene monomer, SM prices, China