Olefins tighten as outages take toll

Gibson, Jane
July 2006
ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p36
Trade Publication
The article presents an update on chemical prices in Europe and Asia as of July 24, 2006. Naphtha in Europe followed the ups and downs of crude oil prices, while ethylene prices have climbed to €950-970/tonne. Butadiene remains tight in Europe and high Asian prices mean that the Asian arb is still open. Meanwhile, overall sentiment in Asia was weighed down by the seasonal weakness in formaldehyde demand.


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