Mexico’s Pemex to up PE run rates on feed supply improvement
Pemex has begin running its steam crackers at 100% and plans to increase its polyethylene run rates over the next two months in the wake of improved ethane feedstock availability, sources with the state-owned energy [...]
Styrene prices held steady in Northeast China on April 27
The price of styrene in northeastern China of CNPC was stable, and the prices of its styrene, Jinzhou, Jinxi, Daqing, Fushun, Jilin, etc., were priced at 10,600 yuan per ton, and the plant started to [...]
European styrene May contract price expectations revised following recent spot strength
Expectations for the European May styrene contract price have been revised again following strength in the spot market, according to market sources. At the beginning of April, market sources anticipated a large fall in the [...]
Crude surges after emerging from several weeks of hibernation
Oil rose on Tuesday above $75 a barrel to its highest since November 2014, supported by Opec-led production cuts, strong demand and the prospect of renewed US sanctions on Iran. Brent crude, the global benchmark, [...]
MTBE, METHANOL
Asian MTBE tested new highs last week, supported by higher crude and gasoline prices. However, inter-octane spreads began seeing resistance last week, leading to a slip in the MTBE factor, as blending economics worsened. Nonetheless, [...]