Sentiment in the polyethylene market is stable, with few price changes in recent weeks. Supplies are reported to be readily available, with January buying not as strong as many had expected. The Asian price surge of recent weeks is keeping European prices steady, despite abundant supplies. PP demand is expected to remain solid [...]
The February benzene CP is expected to fall from January's level, as an ever lengthening spot market on downstream outages and closed arbitrages has piled pressure on spot prices. Crude oil and gasoline prices have lent support to toluene, rendering the economics of converting toluene into benzene unattractive in Europe. The Amsterdam-Rotterdam-Antwerp market could lengthen [...]
A disruption at Dow's Boehlen cracker in Germany has added tightness, with few deals reported in a quiet spot market. Propylene is expected to remain tight in the first quarter amid reports of light cracking and solid derivative offtake. With the February butadiene CP settling at an increase for February and spot prices for both domestic and [...]
This is the newest quote price of PTA: Recently,prices of PX and crude oil continued to rise, to a certain extent, it gives strong support for the cost of PTA.There is a certain boost to the spot market, but due to the slowdown in the downstream polyester operating rate, downstream demand has shrunk slightly. PTA [...]
Houston (Platts)--26 Jan 2018 630 pm EST/2330 GMT The first half of 2018 is set to be stronger for the acetyl chain than the second half of 2017 due to structural reasons, Celanese's top executive said Friday. Expectations of pressure on acetyls due to increased raw material volatility should not be any more challenging than [...]
Chemical Company announced that it will raise the price of Macrolex and Ceres branded solvent dye products globally and the amount is up to 20% with immediate effect. International GmbH on February 1 raised all the world's price of titanium dioxide, carbon black, pigments, dyes and several additives and masterbatch mixed product, the amount may [...]
The U.S. Energy Information Administration released a report on the same day showing that the U.S. nationwide commercial crude oil inventories fell by 110 million barrels to 4.116 billion barrels last week, the tenth consecutive week of decline. The news support the day oil prices. As of the close the same day, light sweet crude [...]
London (Platts)--24 Jan 2018 711 am EST/1211 GMT Propane in Northwest Europe sank to its largest discount to naphtha in nine months on Tuesday, as participants said the market was well covered for January and end-user demand for naphtha remained weak. On Tuesday, physical CIF large cargo propane prices were at a discount of $104.50/mt [...]
The butadiene market has experienced another sharp correction during 2017. During the year, the highest and lowest prices both appeared in the first half of the year, while the rest of the market was dominated by a narrow rangein the second half of the year. In the second quarter of 2014 to the second quarter of [...]
Environmental tax began to be levied in 2018,bad chemical companies shutting down is still continuing, the price of acetate raw materials and glacial acetic acid remain very high. In such an environment, the cost of various chemical companies began to increase in the intangible, of course, this refers only to the more polluting chemical manufacturers. Due [...]
