TITLE

Markets are steady, but trade is thin

AUTHOR(S)
Brice, Andy
PUB. DATE
October 2006
SOURCE
ICIS Chemical Business;10/30/2006, Vol. 1 Issue 41, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article looks at the state of the commodity petrochemical market in 2006. In Asia and Europe, buying activity remains stilted for aromatics, while ethylene continues to endure the cracker turnaround season. Asian naphtha surged following crude's rally, but further increases may be capped by persistent supply glut concerns. Toluene remains wholly inactive in Europe. Spot prices are nationally assessed at $670-680/tonne. In Asia, toluene continued its descent as it tracked falling crude.
ACCESSION #
23132850

 

Related Articles

  • Asia curbs aromatics price surge. Gibson, Jane // ICIS Chemical Business;6/12/2006, Vol. 1 Issue 23, p52 

    This article reports that weaker Asian sentiment has affected U.S. and European price ascent in the petrochemical industry in 2006. Naphtha prices in Europe lost ground in line with crude. Supply and demand are balanced, however, and the premium over Brent crude has actually increased. European...

  • Trade thins as demand falters. Gibson, Jane // ICIS Chemical Business;9/11/2006, Vol. 1 Issue 34, p38 

    The article provides information on chemical markets as of September 7, 2006. The seasonal fall in Asian naphtha demand due to cracker turnarounds was apparent and numbers slipped further. European ethylene numbers have seen little movement and remain well above third-quarter contract levels....

  • cw price report.  // Chemical Week;1/28/2008, Vol. 170 Issue 3, p31 

    The article reports on price trends in the chemical industry. In the U.S., both ethane and naphtha eased lower by 2 cts/gal, while propane lost 1 ct/gal. Spot ethylene prices lost a penny on easing crude oil prices, but propylene prices had yet to react, sources say. Aromatics were mixed,...

  • Commodities remain thinly traded.  // ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p40 

    The article reports on the commodity petrochemicals markets. European naphtha cargoes were heard at $683-687 per ton. Tight gasoline supply in the U.S. prevented surplus naphtha cargoes from flowing to Asia, adding to shortages of naphtha spot volumes. Spot ethylene prices are $1,220-$1,250 per...

  • Ammonia upbeat. Viswanathan, Prema // Asian Chemical News;6/14/2004, Vol. 10 Issue 449, p26 

    Provides statistics related to the prices of petrochemicals in Asia. Factors that impacted the increase of ammonia prices in the region; Reason for the decline in naphtha prices; Increase in ethylene prices.

  • In Brief.  // Chemical Market Reporter;10/29/2001, Vol. 260 Issue 16, p16 

    Presents an update on the petroleum chemicals industry as of October 29, 2001. Increase in ethylene production in the United States for September 2001; Factors which contributed to the low pricing of ethylene glycol; Move of Terra Industries company to restart the operations of its methanol...

  • Naphtha Is in Short Supply. Xuesong, Bai // China Chemical Reporter;1/26/2007, Vol. 18 Issue 3, p14 

    The article presents information related to the increasing demand for naphtha, one of the important oil products in China. In China, naphtha is mainly used to produce refining and chemical integrated complexes, such as ethylene and aromatics. As per statistics, the output of chemical light oil...

  • asia ethylene hikelooks likely in 2014. Yeow Pei Lin // ICIS Chemical Business;1/27/2104, Vol. 285 Issue 4, p2 

    The article discusses the likelihood of higher ethylene prices in Asia in 2014. Topics addressed include an expected heavy turnaround schedule in Japan in the first half of the year, reduced production in China, and lower South Korean export volumes. Also mentioned are the shutdown of naphtha...

  • Ethylene plunges to $900-950/tonne. Gibson, Jane // European Chemical News;9/27/2004, Vol. 81 Issue 2117, p13 

    Presents information on the prices of several chemicals in Europe as of September 27, 2004. Naphtha; Ethylene; Benzene; Toluene.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics