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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

U.S. SPOT ETHYLENE CLOSES AT HIGHEST SINCE AUGUST 2015

  NEGOTIATOR’S TAKE:  Ethylene rise will exert upwards pressure on Polyethylene prices.   March 2016 – Houston U.S. front-month spot ethylene closed the week ended Friday at its highest since August 2015 on tight supply.  Early in the week, spot

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

PP, PS PRICES UP – PE, PVC PRICES FLAT

NEGOTIATOR’S TAKE:  Not all plastic feedstocks are up – good information for pushing back against increases for Polyethylene and PVC based products and components An upwards price surge for PS and PP may continue this month, although the driving factors are

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 december ethylene at 53-month low

US December ethylene contracts settled at a 53-month low, as per sources in ICIS. Sources confirmed the December settlement at 38.25 cents/lb ($843/tonne), down by 7.25 cents/lb from 45.50 cents/lb for November. The drop puts contracts at their lowest since

US spot ethylene at 30-month low

Front-month December material traded at 41.750 cents/lb ($920/tonne), its lowest since a trade at 41.625 cents/lb during the week ended 22 June 2012. Spot ethylene prices have fallen more than 30 cents/lb since peaking in September, tracking improved supply, softer

US ethylene hits 29-month high

Ethylene prices continue to be high in the spot ethylene market because of three ongoing cracker shutdowns and one scheduled shutdown at the end of October. At the beginning of this week, front-month Williams System ethylene traded at 74 cents/lb

Chevron plant fire drives US spot ethylene price to 13-month highs

July ethylene deals were heard concluded in early trading at 58.25 cents/lb Mont Belvieu Williams pipeline basis, climbing to 59 cents/lb MtB Wms and finally twice at 60 cents/lb MtB Wms. August deals were heard concluded 59.87 cents/lb MtB Wms. Spot