Spot prices for delivered cargoes of North Sea propane have gained support from demand for first-half April product, according to industry sources. Following a mild winter, demand for propane from the traditional heating sector is ...
Tags: Propane, April Demand, petrochemicals
Russia's gasoline and naphtha exports rose in January, as the cheaper ruble versus the US dollar made export netbacks more attractive, trading sources said. According to Energy Ministry figures, 384,370 mt of gasoline were exported in ...
Northwest European butane prices remain too high to attract petrochemical buying despite their recent slide, sources said Thursday. "At this stage we can't afford these butane levels," said a trader. Delivered prices of butane coasters, ...
Argentina's petrochemicals industry is unlikely to expand until more natural gas and related feedstock supplies become available when the potential of the country's shale gas plays is turned into production in a decade or so, an analyst ...
Tags: Gas, Metallurgy, Mineral, Energy
European naphtha crack futures reached a three-month high Tuesday amid talk of short covering and a potential uptick in demand from petrochemicals end-users, market participants said. The June CIF Northwest Europe naphtha crack spread -- ...
Tags: Chemicals
Demand for coaster butane in Northwest Europe has emerged as spot prices have fallen, according to industry sources Wednesday. In the winter period most surplus refinery butane is blended into gasoline to increase the vapor pressure. ...
Spot prices for barge lots of butane loading in the Amsterdam-Rotterdam-Antwerp area have gained support from petrochemical demand, according to industry sources. Surplus butane from ARA refineries can be absorbed into the MTBE, gasoline ...
Tags: ARA Butane, Petrochemical Demand, Chemicals
The continuing global economic uncertainty is negatively impacting the petrochemical sector of Saudi Arabia, according to a report released by NCB Capital, MENA Financial Network reported. The increase in prices of Saudi petrochemical ...
Tags: global economic uncertainty, petrochemical sector of Saudi Arabia
The increasing gap between the demand and supply of gas, due to rising demand and limited supply, is posing serious challenges before the GCC petrochemical industry, as the gap is likely to further widen in the coming years. While gas ...
Tags: demand, supply, GCC petrochemical, gas