The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...
Tags: glycol, diethylene glycol, feedstock EO
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices
Kazakhstan's CPC Blend crude has fallen to a 23-month low versus Dated Brent, as weak end-user demand has continued to weigh on values for prompt supplies. CIF Augusta CPC Aframax cargoes were assessed at a $1.73/barrel discount to the ...
Tags: Crude Oil, CPC Blend crude
European spot steam cracker margins hit a near month high of Eur72/mt ($98/mt) Wednesday on the back of an increase in ethylene. Ethylene spot prices Wednesday reached their highest point since the end of February at Eur942.50/mt FD NWE, ...
Turkish petrochemical producer Petkim Thursday increased the prices of polyolefins by $15-20/mt, sources said. Petkim was not immediately available to confirm. New list prices for low density polyethylene, high density PE injection ...
Tags: Polyolefins, petrochemical producer, Petkim
Prices for large cargoes of butane in Northwest Europe fell Tuesday to the lowest level in a year on low demand and ample supplies. Platts assessed the price of a 4,000 mt CIF refrigerated cargo of mixed butane loading 10-25 days forward ...
Tags: Butane, mixed butane
Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
European polypropylene and polyethylene producers are targeting a May contract price increase because of low stock availability and seasonal demand, sources said. PE producers were aiming for increases of Eur20-60/mt ($28-83/mt) and PP ...
Tags: Polyolefin, PE, ethylene CP
The CIF Northwest Europe naphtha cargo physical premium over the balance-month and the front-month swaps fell Tuesday to respectively $2.25/mt and $13.75/mt, their lowest level in April, according to Platts data. On April 2, the physical ...
An initial Northwest European paraxylene contract price for April has settled at Eur925/mt FD NWE ($1,277.62/mt), market sources said Tuesday. The initial April settlement represents an increase of Eur25/mt from March, with the March ...
Tags: paraxylene, European market, PX market
The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
European olefin buyers said they are more optimistic about a decrease in ethylene contract prices than propylene for February, amid tightness in propylene. Buyers are aiming for a fall in both contract prices following the direction of ...
Tags: Spot propylene, CIF NWE, FD NWE, deep sea import
Ethylene spot prices have softened marginally for the first time since December 6 as feedstock naphtha prices fell, sources said. Ethylene was assessed at Eur1,000/mt ($1362) FD NWE Wednesday, down Eur7.50/mt on the day. Naphtha was ...