The Urethane Blog

European Benzene

Europe benzene January contract price falls to nine-and-a-half year low

Source: ICIS News

2018/12/28

LONDON (ICIS)–The European benzene January contract price has settled at €485/tonne,

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Propylene Build

EIA says US propylene stocks hit 7-year high

Houston — US propylene inventory continued to build well above the 5 million-barrel mark,

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Propylene Forecast

PROPYLENE EXPECTED TO COME DOWN MORE IN Q1

 

As US PGP spot prices firmed to a yearly high of 68.50 cents/lb ($1,510/mt) in January,

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Propylene Inventories

US propylene stockpiles surpass 5 million barrels

Houston — US propylene inventory moved above the 5 million barrels mark to end 2018 at a 41-month high,

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Propylene

PE market to reckon with new capacities, PP tempered by propylene supply

Source: ICIS News

2018/12/27

LONDON (ICIS)–European polymers markets are set to diverge further in 2019 as polyethylene (PE) continues reckoning with the global new capacities while polypropylene (PP) remains tempered by upstream propylene supply.

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Spot Propylene

Spot C3 in Asia and Europe plunges on lower crude, US shows uptick

Spot propylene prices in Asia slid for the fifth consecutive week and hit their lowest levels in a year amid pressure from falls in crude oil futures and oversupply issues. Read more