NWE ethylene spot prices rose Eur15/mt on the week Thursday to Eur1,020-1,025/mt ($1,314-1,320) FD NWE, driven by better-than-expected offtake from primary derivative polyethylene in July. On Friday, a buyer and seller confirmed a 2,000 ...
Tags: Ethylene, Spot Prices
The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
The benzene price in the European spot market sank to a 13-week low Thursday after a week of a sharp -- around $100/mt -- downward correction. Barges for the delivery in ARA region 3-30 days forward were assessed at $1,238/mt at ...
The rapid pace of new US crude production has traders scrambling to assess constantly moving crude differentials as supporting infrastructure grows and changes the dynamics. Not long ago, there was too much crude in Cushing, Oklahoma, the ...
Tags: US Debottlenecking, Chemicals
Major Chinese purified terephthalic acid makers offered down their paraxylene feedstock Monday as the May PX Asia contract price failed to settle at the end of April. The PX ACP, negotiated monthly between four PX producers and five PTA ...
Tags: PTA, PX Feedstock, ACP
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
A tanker carrying around 10,000 mt (12,680 cu m) of ethanol loading in the west coast of Central America is due for arrival in the European ports of Amsterdam-Rotterdam-Antwerp by late May, according to a shipping report by broker SPI ...
Tags: Ethanol Shipment, Chemicals
According to report, Australian miner Fortescue Metals Group Ltd opens new mine named Firetail at Solomon. It is another step to become one of Asia’s major supplier. The development of Firetail mine for the first stage costs US 3.2 ...
Tags: Fortesuce, Firetail Mine
The profitability of turning corn crops into ethanol in Europe surged to seven-month highs this week following a jump in the spot price of the biofuel, according to data compiled by Platts. The corn-to-ethanol crush margin, an indication ...
Tags: Crush Margin, Chemicals
The European ethanol physical price curve moved into contango this week as persisting high inventory in April collided with views that May could bring improved demand, sources said this week. A standard 1,000 mt fuel ethanol barge for ...
Tags: Ethanol Physical Price, Chemicals
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
The April US butadiene contract price settled at a rollover at an 84-86 cents/lb ($1,852-1,896/mt) split settlement, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ExxonMobil ...
The Australian Bureau of Resources and Energy Economics (BREE) has revised its estimations for Australian nickel production in 2012-13. According to the latest estimates, world refined nickel production increased to around 1.7 million mt in ...
Tags: Metallurgy, Mineral, Energy, nickel
Most US ethylene margins rose late last week despite higher feedstock costs as some production issues helped push up ethylene spot prices, Platts data showed late Friday. US spot ethylene moved up 2.25 cents/lb week on week, to be ...
Tags: ethylene, Propane cracker, Propane
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