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US Ethylene Contracts Were Heard Settling 4 Cents Below February's Level to 45.5 Cents/Lb

Apr 10, 2014

US March ethylene contract negotiations are still ongoing as US PVC producers are holding out for larger decreases, market sources said Tuesday. "A number of buyers have settled at a 4-cent/lb decrease, however there are at least two PVC ...

Tags: Ethylene, PVC Producers

Spot Prices for Delivered Cargoes of North Sea Propane Have Gained Support

Mar 27, 2014

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

US Ethylene Contract Prices for February Have Fully Settled 0.75 Cent Below Jan's Price

Mar 12, 2014

US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...

Tags: Ethylene, Chemicals

US Ethylene Contracts for February Were Heard Settling 0.75 Cent Below January Mark

Mar 6, 2014

US ethylene contracts for February were heard settling 0.75 cent below January mark, lowering the net transaction to 49.5 cents/lb ($1,091/mt), sources said Tuesday. The posted price for February would also settle .75 cent lower at 54 ...

Tags: Ethylene, purity ethane

US Propane and Propylene Stocks Fell 1.2 Million Barrels to 26.71 Million Barrels

Feb 24, 2014

US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday. Gulf Coast stocks saw a draw of 533,000 barrels to fall to ...

Tags: Propane, Propylene

Gulf Coast Propane Prices Continued to Hold a Premium Over Midcontinent Product Wednesday

Feb 24, 2014

Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...

Tags: Propane, Gulf Coast

Spot Prices for Delivered Cargoes of North Sea Propane Have Increased

Feb 20, 2014

Spot prices for delivered cargoes of North Sea propane have increased on renewed buying from the petrochemicals sector, according to industry sources. In the early part of this month the spot price of CIF North Sea propane was just above ...

Tags: Propane, Petrochemicals

US Ethylene Contracts for January Were Heard Fully Settled up 2 Cents From December

Feb 19, 2014

US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday. The posted price also rose 2 cents from December to 54.75 cents/lb. ...

Tags: Ethylene, spot ethylene

Conway Propane Was Assessed at $1.7515/Gal,up 13.15 Cents

Jan 21, 2014

Allocated pipelines and terminals and potential brine issues at the Conway, Kansas, storage facility are likely behind the 25.3% spike in propane prices at the Midcontinent NGL trading hub this week, sources said Friday. On Friday, Conway ...

Tags: Conway Propane, pipelines

Many Companies Still Rely on Commercial Propane Gas and Other Natural Oil Products

Jan 16, 2014

Recently, weâEUR(TM)ve heard more and more discussions about the depletion of natural oil reserves and, as a direct result of the increased awareness, more and more companies are turning to green energy as an alternative. The main ...

Tags: green energy, Home and Commercial Propane

US Ethylene December Contracts Were Heard to Be Settling 2 Cents Above November's Level

Jan 8, 2014

US ethylene December contracts were heard to be settling 2 cents above November's level, increasing the net transaction to 48.25 cents/lb ($1,063/mt), sources said Monday. The posted price for December also would settle up 2 cents to ...

Tags: Ethylene, Chemicals

FortisBC Has Received Approval From The BCUC to Modify Natural Gas and Propane Rates

Dec 6, 2013

SURREY, BC, Dec. 2, 2013 /CNW/ - FortisBC has received approval from the BC Utilities Commission (BCUC) to modify natural gas and propane rates. Beginning January 1, 2014 customers will see varying changes to their bill depending on where ...

Tags: FortisBC, natural gas, propane, modify rates, Propane prices

Westlake Chemical Corporation Reported Record Quarterly Net Income of $170.3 Million

Nov 26, 2013

Westlake Chemical Corporation reported record quarterly net income of $170.3 million, or $2.54 per diluted share, on net sales of $1,004.2 million for the quarter ended September 30, 2013. This represents an increase in net income of $83.3 ...

Tags: Ethane Prices, Textile

Petrochemical Producers Have Started to Reduce Propane Cracking Rates

Nov 19, 2013

Petrochemical producers in Northwest Europe have started to reduce propane cracking rates due to a narrow CIF naphtha/CIF propane price spread, according to industry sources. When the price spread between CIF naphtha and cheaper CIF ...

Tags: Petrochemicals, Propane Cracking

Narrowing Propane Price Spreads Between US & International Markets Are Poised to Shrink

Sep 29, 2013

Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...

Tags: Propane Arbitrage Windows, Chemicals

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