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East China Toluene Stocks Rise 44% on Month in Oct

Apr 30, 2019

Toluene stocks in East China rose 44.4% from September to 45,000 mt in October, according to S&P Global Platts data. The rise in inventory was the result of a backlog of cargo arrivals during the week-long National Day holiday in early ...

Tags: Toluene, toluene demand

China's Solvent-Grade Mixed Xylene Demand Halts

Apr 16, 2017

Demand for solvent-grade mixed xylene has come to a near standstill this week as the product shares the same code for imports as mixed aromatics, which is expected to have a consumption tax imposed some time between May 1 and July 1, market ...

Tags: mixed xylene, mixed aromatics

Kazakhstan's CPC Blend Crude Oil at 23-Month Low Versus Dated Brent

Jun 23, 2014

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

The Physical Premium Over April Swap Future Was Assessed at $15/Mt

Apr 18, 2014

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 ...

Tags: naphtha, gasoline

The Spot Price for FOB Butane Barges Have Remained Weak Since The Beginning of The Year

Feb 10, 2014

The spot price for FOB butane barges in the Amsterdam-Rotterdam-Antwerp region have remained weak since the beginning of the year on poor demand, industry sources said Thursday. In winter, butane barges from ARA refineries are used for ...

Tags: Ara Butane, Chemicals

Ethylene Spot Prices Have Softened Marginally for The First Time

Jan 21, 2014

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 ...

Tags: Ethylene, Naphtha

Propane Remains The Preferred Feedstock for Petrochemical Users in Northwest Europe

Sep 17, 2013

Propane remains the preferred feedstock for petrochemical users in Northwest Europe, due to lower prices compared with butane, sources said this week. "We are buying propane -- it makes sense right now," said a trader. Large propane ...

Tags: Chemicals, Propane

Nitration Grade Toluene's Discount to TDI Quality Material Widened Once Again in Europe

Aug 15, 2013

The nitration grade toluene's discount to TDI quality material has widened once again in Europe, as interest from gasoline blenders and traders, who could work the arbitrage into the US, is receding, according to industry sources. The TDI ...

Tags: TDI quality material

The Price Spread Between Benzene and Its Main Feedstock Toluene Plunged 26.7%

Jul 25, 2013

The price spread between benzene and its main feedstock toluene plunged 26.7% day on day to a five-month low of $88/mt on an FOB Korea basis Wednesday, below breakeven levels, Platts data showed. Benzene has to be at a premium of ...

Tags: Benzene-Toluene, Chemicals

The Global Petrochemicals Market Is Expected to Reach USD 791.05 Billion by 2018

Jul 12, 2013

According to a new market report "Petrochemicals Market by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Vinyls, Styrene and Methanol) -Global and China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 ...

Tags: Petrochemical Market, Textile

European Naphtha Crack Futures Reached a Three-Month High Tuesday

Jun 7, 2013

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

Asian Isomer-MX Xylene Traders Are Eying Opportunities to Make The Reverse Arbitrage

May 17, 2013

Asian isomer-grade mixed xylene traders are eying opportunities to make the reverse arbitrage movement from Northeast Asia to the US Gulf Coast given the recent widening of prices between both regions, traders said Wednesday. Several ...

Tags: Asian Isomer-MX, Arbitrage

Spot Prices for Barge Lots of Butane Loading Have Gained Support From Petrochemical Demand

Feb 28, 2013

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

Spot Prices for Delivered Coaster Cargoes of Butane Are Being Supported

Feb 25, 2013

Spot prices for delivered coaster cargoes of butane in Northwest Europe are being supported by tight refinery availability, according to industry sources this week. During the winter significant quantities of refinery butane are ...

Tags: coaster cargoes, butane, refinery availability

Benzene's Premium to Feedstock Naphtha Slid to Its Lowest in The Northwest European Market

Feb 19, 2013

Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important $400/mt mark for the first time since mid-November to be assessed at $379.75/mt at ...

Tags: Benzene, arbitrage movements, gasoline blending

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