US steam cracker margins surged this week in line with ethylene which saw notable gains on the back of production outages, as per Platts. Despite strong ethane values, spot ethylene prices hit a 6-monnth high this week- traded as high as 51 cents/lb MtB Wms and 52.
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Friday, November 12, 2010
US steam cracker margins from light feeds gain as ethylene rises
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