US spot styrene rose 0.55 cent/lb ($12.12/mt) to 74.25 cents/lb ($1,636.91/mt) FOB US Gulf Coast on Monday for its highest assessment in three months as it tracked gains elsewhere in the world. The assessment was the highest since March ...
Tags: Spot Styrene, Chemicals
US spot benzene shed 5 cents Wednesday to land at $4.29/gal ($1,282.71/mt) FOB US Gulf Coast, its lowest assessed level in six weeks, as slower chemical demand and an oversupplied market put downward pressure on prices, sources said. Spot ...
Tags: Chemicals
The US spot ethylene market was at a standstill Thursday on news of an explosion and fire at Williams' olefins complex in Louisiana that killed one person earlier in the day, market sources said. Sellers pulled all material Thursday ...
Tags: Ethylene, Louisiana Plant Fire
June contracts for US orthoxylene were heard settled Thursday at 63 cents/lb, a 1.5 cent decrease from May, multiple industry sources said. May OX contracts were assessed at 64.5 cents/lb. US OX contract settlements typically follow the ...
Tags: Chemicals, orthoxylene
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
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
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
US ethylene margins climbed for the week as production issues over the weekend pushed spot markets higher Monday. Power outages were reported at Flint Hills Resources in Port Arthur, Texas, and at Chevron Phillips Chemicals' Sweeny ...
Tags: ethylene margins, ethylene
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
The war of words between the American Fuel and Petrochemical Manufacturers and the Renewable Fuels Association hit a boiling point Thursday morning. RFA President Bob Dinneen was responding to comments Wednesday from AFPM President ...
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
Fixtures for shipments of more than 190,000 mt of heavy naphtha bound for Asia from the US Gulf Coast show that the arbitrage window has reopened to meet firm demand from Asia, trade and shipping sources said Friday. It marks the second ...
Tags: Metallurgy, Mineral, Energy, gasoline market
US polymer-grade propylene contracts for April were reportedly starting to settle down 10 cents at 63 cents/lb delivered, one major buyer and two trader sources said Monday. Negotiations were not finalized and another major buyer reported ...
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
ExxonMobil Chemical has nominated an initial April polymer-grade propylene contract price down 7 cents from March to 66 cents/lb, market sources said Monday. Officials with the company could not be reached for immediate comment. The ...
Tags: CP Nomination, Exxonmobil, Propylene