cw price report

August 2006
Chemical Week;8/30/2006, Vol. 168 Issue 29, p44
Trade Publication
This article explains that crude oil and feedstock prices eased last week, pulling down petrochemicals. U.S. ethylene spot prices plummeted to 44 cts/lb del the prior week, before edging back last week to 48 cts-49 cts/lb del for August and about 48.5 cts-49.5 cts/lb del for September deliveries, market players say. The price increases have been driven by production problems, sources say. Shell Chemicals have declared ethylene force majeure because of an unplanned outage at its Norco, LA cracker, sources say. Also, Dow Chemical has taken down its Plaquemine, LA cracker because of mechanical problems, they say.


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