The US styrene to benzene spread remained above $300/mt for much of the last week, with the spread at $303.66/mt Monday, according to Platts data. US spot styrene lowered 0.05 cent/lb ($1.10/mt) day on day to a Monday assessment at 72.50 ...
Tags: Styrene-Benzene, Chemicals
US methanol contracts from Methanex are expected to roll over for June while Southern Chemical Corp is expected to decrease by 2-3 cents, market sources said Thursday. "SCC will probably come down so they are within a couple cents of the ...
Tags: Chemicals
Vancouver-based methanol producer Methanex rolled over its US contract price at $1.60/gal ($532.80/mt) FOB US Gulf for June, it said Friday. The rollover marks the second consecutive month that the company's CP has been posted at that ...
Tags: Chemicals
Asian isomer-grade mixed xylene traders are eying opportunities to make the reverse arbitrage movement from Northeast Asia to the US Gulf Coast given the recent widening of prices between both regions, traders said Wednesday. Several ...
Tags: Asian Isomer-MX, Arbitrage
The May US mixed xylene contract price settled at $3.94/gallon ($1,193.82/mt), 11 cents ($33.33/mt) higher than April's mark, trading sources said Monday. The MX contract price had settled at $3.83/gal for April, which was 57 cents lower ...
Tags: Mixed Xylene, Chemicals
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
US spot paraxylene jumped $55/mt this past week amid stronger demand from Asia, industry sources said Friday. Thursday's spot PX assessment of $1,445/mt FOB US Gulf Coast marks the highest level since March 25, when it was assessed at ...
Tags: US Spot PX, Chemicals
March's average US spot methanol price of $1.3503/gal was the highest average monthly price since September 2008, when it was $1.40/gal FOB USG, according to Platts data. The average spot price for March was up 4.65 cents, or 3.4%, ...
Tags: Spot Methanol, Chemicals, March
Blend values for toluene and mixed xylene have become a price floor as their derivative demand shrank in the spot market, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ...
US spot toluene was assessed 8 cents ($24.32/mt) lower Monday compared with Friday's mark at a nearly seven-month low of $4.07/gal ($1,237.28/mt) FOB US Gulf Coast due to weak demand and excess supplies, sources said. The last time spot ...
Tags: toluene, benzene, mixed xylene
The March US mixed xylene contract price settled at $4.40/gal ($1,333/mt) Tuesday, 6 cents ($18.18/mt) lower than February's mark, trading sources said. Sources expected the contract price to settle lower after a decline in spot MX ...
Marathon Petroleum has declared force majeure on benzene, toluene and mixed xylene, trading sources said Monday. No further details are known and confirmation from Marathon was unavailable as a spokesman at the company declined to comment, ...
Tags: benzene, toluene, Spot benzene
US spot paraxylene fell $15/mt Tuesday to nearly a one-month low assessment of $1,595/mt FOB US Gulf Coast tracking weaker Asian levels. US spot PX was last seen at this level on January 28, when the assessment was at $1,595/mt FOB USG. ...
Tags: PX prices, paraxylene, PX
US toluene disproportionation margins were estimated at minus $15.09/mt Friday, based on Platts data, putting them in negative territory for the first time since November 15, when they were estimated at minus 55 cents/mt. Estimated TDP ...
The February US benzene contract price settled 36 cents/gal ($107.64/mt) lower at $4.80/gal ($1,435.20/mt), sources said Thursday. The last time the benzene CP settled lower was in September, when it settled at $4.20/gal, down 40 ...
Tags: benzene contract price, US, benzene