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HURRICANE HARVEY DISRUPTS OVER A THIRD OF U.S. CHEMICAL PRODUCTION

NEGOTIATOR’S TAKE: Hurricane Harvey has caused chemical and plastic prices to rise   |   08.28.17 – American Southwest – Recent mega-storm shuts 37% of U.S. chlorine output and 40% of ethylene; price gains have been urgently seen in already tight

NATURAL GAS SETTLES DOWN 2.6% AMID ONGOING MILD DEMAND

  NEGOTIATOR’S TAKE:  Prices for plastic components made from Polyethylene or Polypropylene should be dropping.   02.20.16 – Warmer-than-average Winter Natural-gas prices fell to a fresh two-month low last Friday on expectations of continued mild demand. A warmer-than-average winter in

AUGUST ETHYLENE CONTRACTS IN U.S. SETTLE DOWN 9.9%

NEGOTIATOR’S TAKE: Polypropylene resin prices continue to fall. Prices for parts and components today should be similar to what you were paying 6 years ago. Check with your Accounts Payable department to make sure this is true.   U.S. August

KEY TO U.S. ETHYLENE PRICE DROP

NEGOTIATOR’S TAKE:  North American producers have a huge cost advantage for plastic products made from Ethylene.  You might want to re-think sourcing from China. Now that the US has surpassed Saudi Arabia as the top crude oil and natural gas producer,

US ethylene trading at standstill after explosion at Louisiana chemical plant

Bids for June material were climbing, seen on the HoustonMercantile Exchange as high as 57 cents/lb Mont Belvieu-Williams basis, up from 53-cent/lb levels earlier in the day. Spot ethylene was last assessed Wednesday at 52.75-53.25 cents/lb FD USG. The US

Propylene Prices Roller-Coaster Ride

Sky high and extremely volatile propylene prices are causing fits for buyers of many intermediate chemicals, coatings, and basic plastics such as polypropylene, nylon, ABS and polyurethane. The forecast is for more volatility for the next two years and then

North American PP prices up 15 cents in January

A major price hike has hit the North American polypropylene market, sending prices up an average of 15 cents per pound since Jan. 1. The January move is the eighth double-digit price swing to hit the North American PP market

European styrene set to soar after Shell Chemical’s force majeure

The sudden declaration of force majeure by Shell Chemicals saw November styrene spot prices gain $75/tonne since the beginning of the week. European styrene prices are expected to soar following Shell Chemicals‘ declaration of force majeure on styrene at its

US benzene tumbles as end users resist price hikes

US benzene spot prices tumbled swiftly this week after hitting a record $5.35/gal ($1,599.65/mt) DDP US Gulf on Friday, Platts data showed. On Tuesday, October benzene was assessed at $5.18/gal ($1,548.82/mt) DDP, down 9 cents/gal ($26.91/mt) from Monday, while November

Highest recorded European styrene spot prices since July 2008

European styrene spot prices are at their highest level since July 2008 because of a lack of availability and a surprising level of demand, market sources said on Friday. September spot styrene was offered at $1,700/tonne (€1,343/tonne) FOB (free on