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Glut of raw materials for plastics and synthetic rubber lowering prices
Global petrochemical prices in freefall

Global petrochemical prices fell by 11% in May, their biggest month-on-month drop since November 2008, when the worldwide economic crisis became an accepted and painful reality. Prices in the $3-trillion-plus global petrochemicals market averaged $1279/tonne in May, plummeting by $165/tonne

Ethylene hits seven-month low in U.S. during May

U.S. prices for the chemical building block ethylene reached a seven-month low in May, dropping below 50 cents per pound, according to PetroChem Wire, a daily newsletter serving the petrochemical industry. Reduced ethylene production due to plant maintenance closures supported

North American prices fall for polyethylene, polypropylene and PVC
Ethylene Prices Reach Seven-Year High in April
US propylene a victim of shale gas? It doesn’t need to be

Living up to its reputation of late as a volatile market, the US propylene market has undergone another major price swing, with February contract prices up more than 16.5 cts/lb ($364/mt) from January levels. In case you are keeping count

Shale’s Bounty Goes Beyond Oil and Gas
Prices fall for polyethylene, polypropylene and PET resins
Polypropylene prices up 10 cents per pound; PVC up 8 cents

Since May 1, regional prices for PP have climbed an average of 10 cents per pound, according to buyers and sellers contacted recently by Plastics News. It’s the third time already this year that prices have absorbed a double-digit monthly

US ethylene spot prices rise 5% on growing flood fears

US ethylene spot prices rose by 5% in the last three days, market sources said on Friday, citing growing fears that flooding will affect operations at crackers near the Mississippi river. Ethylene for May traded at 70.50 cents/lb ($1,554/tonne, €1,088/tonne)