US spot ethylene was hovering at three-month low levels Friday, trading midday as low as 51.50 cents/lb MtB Williams pipe for September delivery on the back of what market sources said was improved availability. Recent unplanned ...
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
US toluene disproportionation margins have moved into negative territory after toluene spot prices moved higher against declining benzene and mixed xylene spot pricing. Mobil selective toluene disproportionation margins were also ...
Tags: Spot Toluene, Chemicals
Hundreds of delegates from countries representing 90% of the global LNG trade returned to Tokyo this year to hash out the debate started years ago by the discovery of new North American and African gas supplies -- whether to move away from ...
Tags: Oil, Metallurgy, Mineral, Energy
US biodiesel assessments plunged Monday to their lowest levels in at least two months on combined weakness from RINs prices and NYMEX ULSD futures. Chicago SME biodiesel and US Gulf Coast SME biodiesel were both assessed 14.5 cents lower ...
US spot methanol prices reached their highest level in four months Wednesday. Platts assessed methanol at $1.43/gal FOB US Gulf Wednesday. The last time methanol was any higher was on May 2 when it was assessed at $1.44/gal FOB US Gulf. ...
Tags: Spot Methanol, Chemicals
The September US mixed xylene contract price settled at $4.25/gallon ($1,287.75/mt), an increase of 33 cents ($99.99/mt) from the mark for August, industry sources said Tuesday. The settlement was in line with market expectations, ...
Tags: Mixed Xylene, Chemicals
State-owned Chinese oil giant Sinopec has taken its first step into Egypt's upstream sector with a $3.1 billion deal to buy a 33% stake in US-based Apache's assets there. The deal is the first under in a new global strategic partnership ...
Tags: Metallurgy, Mineral, Energy
US spot paraxylene was assessed at a five-month high of $1,460/mt FOB US Gulf Coast on Wednesday. The last time spot paraxylene was seen higher than this level was on March 21, when it was assessed at $1,475/mt FOB USG, according to ...
Tags: Chemicals, paraxylene
Shell's recent announcement that it is seeking additional feedstock supplies for its proposed western Pennsylvania petrochemical facility is only one major roadblock that the facility needs to circumvent in the next few years, a Platts ...
Shell Chemical has begun taking bids to secure ethane from Marcellus Shale operators for its proposed world-class petrochemical plant in Beaver County, Pennsylvania, the company said Tuesday. Shell is accepting bids for feedstock from ...
Tags: Shell Chemical, Ethane Feedstock
The Dow Chemical Company is all set to expand four of its plastic franchises in Texas and Louisiana, as part of its investment strategy on the US Gulf Coast to integrate advantaged shale gas. The company will expand its High Melt Index ...
US spot mixed xylene was last assessed Friday at a five-month high of $4.25/gal ($1,296.85/mt) FOB US Gulf Coast after a trade was heard at that level for August, sources said. The spot assessment has not been this high since March 13, ...
Tags: Mixed Xylene, Chemicals
TPC Group was heard nominating its September US butadiene contract price at a rollover from August at 40 cents/lb ($882/mt), sources said Thursday. TPC Group was unavailable to confirm the nomination. Market expectations have been for a ...
Tags: TPC Group
The August US paraxylene contract price settled at 73.5 cents/lb ($1,620.38/mt), an increase of 2.5 cents from July's contract price, sources said Tuesday. The settlement is in line with most market expectations for an increase, because ...
Tags: paraxylene, spot PX