US markets bear brunt of storms

Gibson, Jane
June 2006
ICIS Chemical Business;6/12/2006, Vol. 1 Issue 23, p55
Trade Publication
This article offers a look at price trends in the U.S. petrochemical industry in 2006. Four nomination increases for June polymer-grade propylene and chemical-grade propylene were issued up four cent/pound based on continued tight supply. U.S. benzene spot prices surged at the start of June, prompted by storm disruptions in Corpus Christi, Texas, and rumours surrounding ChevronPhillips' Pascagoula, Mississippi plant. Strength upstream meant an increase for April's orthoxylene contract at 41.50 cent/pound. INSET: COSTS AND TIGHTNESS SUPPORT BUTADIENE HIKE.


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