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Turnaround Season
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China's Appetite for Imported Naphtha Has Grown
May 31, 2015China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...
Tags: Imported Naphtha, Naphtha
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The Price Spread in Asia Between Styrene Monomer and Benzene Fell to a Three-Month Low
May 30, 2014The price spread in Asia between styrene monomer and its main feedstock benzene fell to a three-month low of $284/mt on Tuesday, as benzene supply has tightened while SM supply has increased, Platts data showed. The FOB Korea benzene ...
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US Spot Ethylene Settled at a 12-Week High to Be Assessed at 56.5-57 Cents/Lb FD USG
Apr 29, 2014US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
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The Prompt Inter-Month Timespread for The FOB Singapore 92 RON Swaps Hit an 8-Month High
Apr 16, 2014The prompt inter-month timespread for the FOB Singapore 92 RON swaps rose to an eight-month high last week, reflecting firming demand amid a tightening physical spot market ahead of the Asian refinery turnaround season. The May/June time ...
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Multiple Ethanol Production Facilities in The US Midwest Will Undergo Turnarounds
Mar 27, 2014Despite ethanol prices at their highest levels in nearly eight years, multiple ethanol production facilities in the US Midwest will undergo spring maintenance turnarounds in the coming weeks, sources said Tuesday. Flint Hills Resources ...
Tags: Ethanol, ethanol production
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Ethylene Producers in Northwest Europe Have Fixed Two Cargoes to Asia
Mar 4, 2014Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middle East, sources said this week. Europe, a net ...
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European Butadiene Buying Interest for February Loading Material Climbed to $1,300/Mt FOB
Jan 23, 2014European butadiene buying interest for February loading material has climbed to $1,300/mt FOB Rotterdam on the back of firm demand for exports to the US, market sources said. Reflecting this, Platts assessed butadiene at $1,287/mt FOB ...
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On Tuesday, The CFR China Price of SM Rose $18/Mt Day on Day to $1,686.50/Mt
Dec 9, 2013The price spread between imported styrene monomer, on a CFR China basis, and domestic SM widened to almost a nine-month high of $54.40/mt on Tuesday, due to stronger prices of SM and benzene in overseas markets, Platts data shows. On ...
Tags: styrene monomer, Chemicals
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The Production Margins for Styrene Monomer in Asia Have Shrunk to Its Lowest Level
Oct 25, 2013The production margins for styrene monomer in Asia have shrunk to its lowest level in over six months as SM prices have tumbled globally since early September, Platts data shows. The SM price in Asia fell $34.50/mt, or 2.1%, day on day ...
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European Styrene Prices Continued to Fall Tuesday
Oct 17, 2013European styrene prices continued to fall Tuesday, continuing the bearish domestic trend seen since the start of September as sellers continued to look to offload excess supply in Europe. However, sources pointed to alternative export ...
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A Combination of Planned and Unplanned Outages Sent Ethylene Spot Prices to a 2013 High
Sep 4, 2013A combination of planned and unplanned outages sent ethylene spot prices to a 2013 high of Eur1,180-1,185/mt ($1,560-1,5667/mt) FD NWE Friday, soaring by Eur98/mt on the week. Volatility of feedstocks added to upward pressure on spot ...
Tags: Ethylene, Spot Prices
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JX Nippon Oil & Energy Plans to Shut Its Aromatics Unit at Sendai in September
Aug 15, 2013Asia could be looking at a shortfall of around 120,000 mt/month of isomer-grade mixed xylenes from late September through October due to refinery turnaround season in Japan and South Korea, a market source said Tuesday. "Supply in Asia is ...
Tags: mixed xylenes
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Rising Prices in Asia Mean That The Region Has Now Overtaken Europe
Jul 26, 2013Record-high styrene prices in Asia are likely to begin attracting regular US export deliveries away from Europe, where demand has been cooling, European sources said this week. Rising prices in Asia mean that the region has now overtaken ...
Tags: Record-high styrene, Chemicals
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Premium of Styrene Over Benzene in The Northwest European Market Rose to a Nine-month High
Jul 3, 2013The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
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The Price Was Pegged at $391.50/mt Thursday Morning
Jun 14, 2013The price spread between styrene monomer and its main feedstock benzene was pegged at $391.50/mt Thursday morning, its widest point in more than four years, as SM remains firm after an unexpected shutdown by South Korean producer Lotte ...
Tags: styrene monomer, SM-Benzene Price