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East China Toluene Stocks Rise 44% on Month in Oct
Apr 30, 2019Toluene 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
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China's Solvent-Grade Mixed Xylene Demand Halts
Apr 16, 2017Demand 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
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Kazakhstan's CPC Blend Crude Oil at 23-Month Low Versus Dated Brent
Jun 23, 2014Kazakhstan'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
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The Physical Premium Over April Swap Future Was Assessed at $15/Mt
Apr 18, 2014The 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 ...
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The Spot Price for FOB Butane Barges Have Remained Weak Since The Beginning of The Year
Feb 10, 2014The 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
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Ethylene Spot Prices Have Softened Marginally for The First Time
Jan 21, 2014Ethylene 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 ...
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Propane Remains The Preferred Feedstock for Petrochemical Users in Northwest Europe
Sep 17, 2013Propane 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 ...
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Nitration Grade Toluene's Discount to TDI Quality Material Widened Once Again in Europe
Aug 15, 2013The 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
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The Price Spread Between Benzene and Its Main Feedstock Toluene Plunged 26.7%
Jul 25, 2013The 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
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The Global Petrochemicals Market Is Expected to Reach USD 791.05 Billion by 2018
Jul 12, 2013According 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
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European Naphtha Crack Futures Reached a Three-Month High Tuesday
Jun 7, 2013European 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
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Asian Isomer-MX Xylene Traders Are Eying Opportunities to Make The Reverse Arbitrage
May 17, 2013Asian 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
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Spot Prices for Barge Lots of Butane Loading Have Gained Support From Petrochemical Demand
Feb 28, 2013Spot 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
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Spot Prices for Delivered Coaster Cargoes of Butane Are Being Supported
Feb 25, 2013Spot 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 ...
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Benzene's Premium to Feedstock Naphtha Slid to Its Lowest in The Northwest European Market
Feb 19, 2013Benzene'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 ...
