The Asian butadiene-naphtha price spread hit a seven-year high of $2,557.38/mt CFR last Friday amid extremely tight supply globally and strong demand for downstream products such as styrene-butadiene-rubber, SB latex and ...
Tags: Butadiene Naphtha, styrene
The June US butadiene contract price settled down 2-3 cents/lb from May at a 65-76 cents/lb ($1,433-$1,675/mt) split, sources said Monday. TPC Group, Shell Chemicals and LyondellBasell each were 3 cents lower than May at 65 cents/lb, ...
Tags: Butadiene, Shell Chemicals
China Petroleum and Chemical Corp, or Sinopec, has raised its ex-works butadiene price in East China by Yuan 100/mt to Yuan 8,800/mt Friday, traders said. The latest price is equivalent to $1,182/mt on an import parity basis. But the ...
Tags: Sinopec, downstream markets
June US butadiene contract prices are expected to roll over or possibly fall slightly compared with May contract prices as spot levels have dropped throughout May, sources said Wednesday. Many sources expect a rollover in contract pricing ...
Tags: Butadiene, contract price
The Asian butadiene/naphtha spread narrowed to an eight-month low of $329.38/mt Monday, following the closure of the arbitrage window to move Asian butadiene to the US Gulf Coast. The spread value was last lower on September 12, 2013, ...
A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works butadiene prices in East and South China by Yuan 1,000/mt ($163/mt) to Yuan 8,500/mt Friday, a Sinopec company source confirmed Tuesday. "I think the main reason [for ...
Tags: butadiene, Sinopec, butadiene prices
Asian spot butadiene prices have slumped 18-20% in November under selling pressure as buyers retreated amid ample supply. Key benchmark CFR China has fallen $360/mt or 20% since October 31 to be assessed at $1,400/mt Thursday. The FOB ...
Tags: Spot Butadiene Prices, Chemicals
ExxonMobil was heard nominating its October US butadiene contract price up 2 cents/lb ($44/mt), to 49 cents/lb ($1,080/mt), sources said Tuesday. ExxonMobil was unavailable to confirm the nomination immediately. Market expectations have ...
Tags: ExxonMobil, Mineral
China Petroleum and Chemical Corp, or Sinopec, raised its ex-works butadiene prices in the north by Yuan 500($81)/mt, or 6%, to Yuan 9,000/mt effective Wednesday, end-users said. The price increase comes after the state-run company late ...
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
ExxonMobil was heard nominating its September US butadiene contract price at a rollover from August at 47 cents/lb ($1,036/mt), sources said Monday. ExxonMobil spokeswoman Margaret Ross declined comment on the nomination as it is ...
Tags: ExxonMobil
The spread between styrene monomer and its feedstock ethylene in Asia surpassed $500/mt for the first time Monday to hit a record high of $504/mt, Platts data showed, with the SM market continuing on its bullish streak due to tight supplies ...
Tags: SM-Ethylene, Chemicals
China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works prices for butadiene by 16% effective late Monday, its second cut this month, end-users said Tuesday. With the latest reduction, Sinopec's subsidiaries in East, North ...
Tags: Sinopec, Butadiene Prices
China Petroleum and Chemical Corp, or Sinopec, slashed its ex-works prices for styrene-butadiene rubber by 5-6% effective Wednesday, end-users said. With the latest cut, Sinopec Qilu Petrochemical is offering SBR1502 in East China at Yuan ...