Friday, December 28, 2012

US olefin prices surge on unexpected production outages

Spot olefin markets recorded noteworthy increases over the past week in the US mainly driven by unexpected cracker outages that occurred in the country, as per ChemOrbis. Firmer energy prices during tthe past week also contributed to the ongoing bullish trend while cumulative increases since the beginning of December reached over US$100/ton for propylene and over US$200/ton for ethylene prices following the recent gains.




For more details on US olefin prices surge on unexpected production outages click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: