US methanol imports in October were nearly 50% lower than the year-ago month as expanded domestic capacity has impacted import demand, according to data released by a trade group on Thursday. October US methanol imports reached 249,000 ...
The premium of gold over platinum has moved to its largest on record, at around $240/oz, as platinum becomes increasingly detached from gold and some investors look to take advantage, sources said Tuesday. Platinum was trading around ...
US ethylene contacts for October settled 0.25 cent/lb lower, with the month's net transaction price at 28.25 cents/lb, market sources said Wednesday. The decrease puts contract prices at their lowest level since the 27.75 cents/lb seen in ...
Line space on Colonial Pipeline's distillate Line 2 on Wednesday fell back to the lowest point seen this year on a tighter US Gulf Coast/Atlantic Coast spread for ultra low sulfur diesel. Platts assessed line space on the 1.16 million b/d ...
Citgo Petroleum Corp. will raise xylene and toluene truck and rail pricing by 4 cents effective June 18, according to a letter the company sent Wednesday to customers that Platts obtained Thursday. "This price adjustment is due to limited ...
European spot prices were rangebound Monday, with contracts generally finding support around Friday's closing levels as gas supply turns up to meet higher demand. Day-ahead gas contracts on the Dutch TTF hub have traded in a ...
Tags: European spot markets, Gas
US May propylene contract price settlements fully settled at a 0.5 cent/lb ($11/mt) decrease compared with April's contract price, sources said Monday. The decrease puts prices for chemical-grade propylene at 69 cents/lb and polymer-grade ...
LNG volumes coming on stream from countries including the US and Australia in the next few years could lead to a progressive convergence of global gas prices and more LNG imports into Europe as well as the Far East, US Energy Secretary ...
Tags: LNG Exports, LNG market
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
US April propylene contract prices settled 1 cent/lb ($22/mt) lower than March's contract prices, sources said Tuesday. The decrease puts the April chemical-grade propylene contract price at 69.50 cents/lb ($1,532/mt) and the ...
Tags: Propylene, chemical-grade
US March ethylene contract negotiations are still ongoing as US PVC producers are holding out for larger decreases, market sources said Tuesday. "A number of buyers have settled at a 4-cent/lb decrease, however there are at least two PVC ...
Tags: Ethylene, PVC Producers
US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...
US ethylene contracts for February were heard settling 0.75 cent below January mark, lowering the net transaction to 49.5 cents/lb ($1,091/mt), sources said Tuesday. The posted price for February would also settle .75 cent lower at 54 ...
Tags: Ethylene, purity ethane
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 ...
European polyethylene spot prices have extended their gains this week, rising Eur10/mt ($13.40/mt) on the week to Eur1,270-1,275/mt FD Northwest Europe, which market sources attributed to tighter supplies as European LDPE producers scale ...
Tags: Polyethylene, Tight Supplies