A combination of weak demand and expectations of lower import prices had weighed down on LPG spot prices in southern and eastern China over the week, domestic traders said Wednesday. Spot prices of imported LPG truck cargoes, including ...
Tags: LPG Prices, Import Prices
US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday. The posted price also rose 2 cents from December to 54.75 cents/lb. ...
Tags: Ethylene, spot ethylene
Russia's exports of synthetic rubber rose 8.3% year-on-year to 943,500 mt in 2013, according to the country's Federal Customs Service's (FCS) data released Friday. The FCS did not give details of export volumes for each month. But last ...
Tags: Rubber Exports, synthetic rubber
European imports of polyethylene terephthalate shot up by over 30% in 2013, according to Eurostat data published this week, and market participants believe that the specter of imports continues to loom over European producers. From ...
The US acrylonitrile export assessment rose $25/mt week over week Tuesday to a more than 11-month high of $1,940/mt FOB US Gulf Coast on continued tight supply. The assessment reached its highest level since March 5, 2013, when it was at ...
Tags: Acrylonitrile, Chemicals
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 ...
US toluene disproportionation, Mobil selective toluene disproportionation and hydrodealkylation margins moved higher on Monday after spot benzene prices surged, sources said. TDP margins rose $43/mt to be estimated Monday at $298.87/mt, ...
Tags: Spot Benzene, Chemicals
The estimated production margin for a typical US Midwest dry-mill ethanol plant in the week ending Friday fell 8.98 cents, or 15.04%, to a 28-week low of 50.73 cents/gal, a review of US Department of Agriculture and Platts data showed. ...
Tags: dry-mill ethanol, Chemicals
The spot price for FOB butane barges in the Amsterdam-Rotterdam-Antwerp region have remained weak since the beginning of the year on poor demand, industry sources said Thursday. In winter, butane barges from ARA refineries are used for ...
Tags: Ara Butane, Chemicals
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
The Asian paraxylene market flipped into contango Monday -- the first time in six months -- as spot supply started building up amid thin demand for prompt February cargoes ahead of the Lunar New Year holidays. The CFR Taiwan/China PX ...
Tags: Paraxylene, Chemicals
The US acrylonitrile domestic assessment rose to a nine-month high at $1.01/lb ($2,226.64/mt) delivered Tuesday, a rise of 4 cents/lb week on week, on higher feedstock chemical-grade propylene. The last time the domestic assessment was at ...
Tags: Acrylonitrile, Chemicals
Chinese purified terephthalic acid producers BP and Hengli have deferred the startup of their new PTA plants to 2015 from the fourth quarter this year, amid negative PTA margins, sources close to the company said Friday. The startup of BP ...
US ethylene December contracts were heard to be settling 2 cents above November's level, increasing the net transaction to 48.25 cents/lb ($1,063/mt), sources said Monday. The posted price for December also would settle up 2 cents to ...