Friday, January 27, 2012

Cracker run rates in Europe slowly improve as olefins rebound

As olefin prices rebound, cracker run rates in Europe have gradually improved in January, but are still at a reduced level of around 80%, as per Platts. In January, ethylene contract prices rose Eur 440/mt to Eur 1120/mt FD NWE from December, while propylene increased Eur 20/mt to Eur1105/mt FD NWE.

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