ExxonMobil Chemical and Total Petrochemicals are joining other polypropylene producers seeking 2-cent/lb ($44/mt) increases effective August 1, sources said Wednesday. "Everyone is going for two (cents/lb) on the (margin) expansion," a ...
Tags: Exxonmobil, PP
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 price spread between CFR Far East Asia polypropylene and feedstock propylene narrowed to flat, with both prices assessed at $1,425/mt on Friday, according to Platts data. PP prices shed $5/mt day on day to $1,425/mt CFR Far East Asia ...
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
Ineos Olefins and Polymers seeks to increase its polypropylene prices in the US by 2 cents/pound ($44/metric ton) for July, joining other producers seeking to expand margins for the second time this year, market sources said Monday. The ...
Tags: Polypropylene, 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 May US contract price for acetone has settled at a rollover of 58.50 cents/lb ($1,289.69/mt), sources said Wednesday. The settlement came as no surprise according to market participants because of firm acetone pricing and market ...
Tags: CP Settlement, Chemicals
The May US contract price for acetone settled initially in a rollover at 58.50 cents/lb ($1,289.69/mt), sources said Tuesday. The US acetone contract typically settles retroactively. "The settlement is not industry-wide yet," one market ...
Tags: Acetone CP, Chemicals
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
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
Taigang Stainless, the largest steelmaker in China announced to raise its export prices for 400 grades stainless steel products by US$10/ton for July delivery, in order to reflect higher ferrochrome prices. After the adjustment, its export ...
Tags: Taigang Stainless, Stainless
Wholesale premiums for ultra low sulfur diesel, Europe's dominant fuel, hit a five-month high Thursday, boosted by reduced production at refineries and low import volumes from the US and India, said traders Friday. The Northwest European ...
Tags: Refinery Run, Force Diesel Price
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
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
Recently, the transaction prices of China Steel Corp. (CSC)’s electric furnace (EF) Al-killed wire rods have remained firm in the Taiwanese steel market. It’s known that the transaction prices of CSC’s EF Al-killed ...
Tags: wire rod, Steel, Steel Price