UK natural gas prices for same-day delivery spiked as high as 150 pence/therm ($22.80/MMBtu) early Friday as a key pipeline that carries gas to the country from Continental Europe halted operations against a backdrop of cold weather and low ...
Tags: Gas Market, Interconnector Outage, Chemicals
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
Day-ahead gas prices on Continental Europe's trading hubs were mixed Thursday morning, as the Dutch TTF climbed from Wednesday's assessment, while spot prices on the German markets fell back by over half a euro. At midday UK time, the ...
Tags: Gas, Metallurgy, Mineral, Energy
The unexpected shutdown of Spanish Abengoa's 480 million liter/year Rotterdam ethanol plant in mid-December has helped boost grains-to-ethanol crushing margins in Northwest Europe to multi-month highs, data compiled by Platts show. ...
Tags: European Ethanol Margins, Chemicals, Abengoa
The Northwest European March benzene contract price has been fully settled at Eur1,054/mt, or $1,380/mt, CIF ARA, industry sources confirmed Friday. The settlement represents an increase of Eur14/mt and a decrease of $28/mt compared ...
Northwest Europe gasoline crack swaps fell sharply at Tuesday's European close following a drop in NYMEX RBOB futures. Platts assessed the March Eurobob crack swap at $13.50/barrel Tuesday, down from Monday's $14.70/b and the lowest since ...
Tags: gasoline, NYMEX RBOB futures, NWE
Spot prices for delivered coaster cargoes of butane in Northwest Europe are being supported by tight refinery availability, according to industry sources this week. During the winter significant quantities of refinery butane are ...
The Northwest Europe MTBE factor, the relative price of MTBE to gasoline, fell Thursday to its lowest level since November 21, 2012 on weakened export demand and a switch in focus to non-oxygenated gasoline blends, according to industry ...
Tags: gasoline, MTBE, non-oxygenated gasoline
The Northwest European styrene monomer/benzene spread has almost tripled in a month, widening $177.50/mt to $276.50/mt Wednesday, Platts data showed. The spread was $99/mt on December 17. While styrene spot values have declined ...
Tags: Northwest Europe, styrene monomer, benzene
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use
By 2030 around 70 percent of the Europe's energy requirements is predicted to come from abundant reserves of gas in Russia, the Artic and the neighboring areas of southeast Asia and North Africa. Also to the European Union's 27 member ...
Tags: Pipe, Europe, coatings market, energy
European gas markets have lost over 10 years of growth, with demand back to the levels of the 1990s, Professor Jonathan Stern of the Oxford Institute for Energy Studies told the UK House of Lords EU energy subcommittee Wednesday. He ...
Tags: gas markets, gas, gas demand, gas prices
An initial European monoethylene glycol contract price for December was settled at Eur1,048/mt ($1,354/mt) FD Northwest Europe Friday, industry sources said. The figure represents a fall of Eur22/mt on the November CP. The settlement ...
Tags: industry sources, slow demand, derivatives polyethylene terephthalate