Limited availability of coaster butane cargoes in Northwest Europe is supporting spot prices, industry sources said. In the summer, surplus butane from refineries in Northwest Europe is usually exported as coaster cargoes, which are ...
Tags: Chemicals
The backwardation between FOB Amsterdam, Rotterdam Eurobob gasoline barges and the August FOB Rotterdam Eurobob swap was assessed at $21/mt Monday, the widest since November 22, 2012, Platts data shows, tracking RBOB futures, sources said. ...
Tags: Gasoline Prompt, Chemicals
The CIF price spread between naphtha and less expensive North Sea propane has narrowed on a lack of offers, according to industry sources. Over the summer, the petrochemicals sector in Northwest Europe uses significant quantities of North ...
Tags: Propane Price, Naphtha Price
Buying interest from the petrochemicals sector in Northwest Europe has enlivened the North Sea butane market over the last week, according to industry sources. Over the summer period, North Sea mixed butane is used by the gasoline-related ...
Tags: Petrochemicals, Butane Market
Gasoil volumes from Northwest Europe have been heading to the Red Sea, rather than from the traditional supply region of Asia, to meet rising demand for power generation in the Middle East, ahead of the Muslim holy month of Ramadan, driven ...
Tags: Gasoil Volumes, Power Generator
Europe's refiners are likely to raise production in July because gains in product premiums have recently outpaced crude prices, traders said Thursday. This could mark the end of a period of limited production in Europe that has lasted ...
Tags: European, Chemicals, Production
European naphtha crack futures reached a three-month high Tuesday amid talk of short covering and a potential uptick in demand from petrochemicals end-users, market participants said. The June CIF Northwest Europe naphtha crack spread -- ...
Tags: Chemicals
Styrolution Europe has nominated a Eur25/mt increase in its polystyrene contract price for June from May, the company said Tuesday. The company did not provide an outright value for its contracts but added that the premium of its high ...
Tags: GPPS, Styrolution, Chemicals
The Northwest European Urals differential has moved to a premium to the lighter Forties crude grade for the first time in nine months, as supplies of the Russian sour crude tighten and demand for the North Sea grade slackens, market sources ...
Spanish caustic soda spot prices have dropped on the week due to ample supply in the Mediterranean, sources said. A Spain-based trade source said spot prices had fallen as low as Eur400/mt on a Delivered Duty Paid [DDP] basis, down from ...
Tags: Caustic Soda, Med Supply
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
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 Northwest Europe forward delivered spot PVC price has dropped on week, reflecting a sharp fall in the April ethylene contract price and poor demand, market sources said Tuesday. Ethylene -- made from oil or natural gas which is ...
Russia's Gazprom and Dutch company Gasunie have signed an agreement to explore the possibility of expanding the Nord Stream gas pipeline as well as setting up other gas infrastructure projects in Northwest Europe and the UK, the companies ...
Tags: gas, Metallurgy, Mineral, Energy
Demand for coaster butane in Northwest Europe has emerged as spot prices have fallen, according to industry sources Wednesday. In the winter period most surplus refinery butane is blended into gasoline to increase the vapor pressure. ...