Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
The US styrene-benzene spread narrowed as it remained below $200/mt, assessed at $161.07/mt Tuesday, down $19.52 on the week, according to Platts data. The spread has been below $200/mt for the majority of November, assessed above $200/mt ...
Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
European styrene production margins, which appeared to be rising after an explosion June 3 during maintenance at Shell-BASF's Ellba joint venture in Moerdijk, the Netherlands, are falling again, Platts data shows. Styrene's premium over ...
Tags: Styrene, styrene production
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
More toluene contracts for June in Northwest Europe have been agreed at a range of $1,111-1,115/mt FOB NWE, according to three consumers. The settlements represent a small decrease from the previous month's settlements of ...
Tags: Toluene, gasoline market
The 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 ...
Benzene production margins in Europe have sunk to their lowest level in the past six months following a continuous drop in spot benzene prices over the last four weeks, Platts data showed. Benzene's premium to naphtha dropped to ...
Tags: Benzene, Benzene production
Ethylene spot prices in Northwest Europe increased marginally week on week to Eur885/mt ($1,214/mt) FD NWE Friday on the back of a fall in steam cracker utilization rates, which helped managed the oversupply in ethylene, sources said. ...
Tags: Ethylene, Utilization Rates
The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...
Tags: Paraxylene, Benzene
Asian benzene prices dropped $19.50/mt Wednesday, pulled lower by a tumble in US benzene Tuesday, but the magnitude of the fall in US prices has nearly closed the arbitrage window from South Korea to the US, according to sources. Spot ...
Tags: Benzene, benzene prices
Toluene hydro-dealkylation units in Europe are maximizing their run rates amid continuous strength in the benzene market, leading to a renewed interest in incremental toluene, according to sources. This has already triggered some spot ...
Tags: Benzene, Toluene, hydro-dealkylation
Feedstock issues and supply tightness have driven up North American prices for suspension PVC and solid polystyrene resin since Feb. 1. But a different feedstock and lower demand served to send regional prices for PET bottle resin down in ...
Tags: PVC, Polystyrene, vinyl chloride
US toluene disproportionation, Mobil selective toluene disproportionation and hydrodealkylation margins moved higher on Monday after spot benzene prices surged, sources said. TDP margins rose $43/mt to be estimated Monday at $298.87/mt, ...
Tags: Spot Benzene, Chemicals
US spot benzene market values could be facing a sharp decline during the first quarter due to a combination of upcoming derivative styrene turnarounds and shipments from Asia, market sources said Wednesday. The US benzene market saw a ...
Tags: Benzene, Benzene Prices, US Benzene