Wednesday, September 29, 2010

US steam cracker margins see marginal dip despite escalating ethane prices

US steam cracker margins saw a marignal dip in the week despite a run in feedstock ethane prices, as per Platts. Spot ethane values jumped roughly 4.5 cents, as ethane was assessed as high as 57.25 ceents/gallon on the back of improved chemical demand and limited fractionation capacity shrank further week on week as spot ethane.

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