Business as usual in steady markets

December 2006
ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p46
Trade Publication
The article presents updates on trends in the chemical industry. Contract discussions take centre stage, but Europe is quiet with players absent. Olefins availability starts to improve, while a fire at an aromatics facility in Asia shunts up prices. Open-spec spot naphtha cargoes in Europe were reported at $540-545/ton CIF NWE at press time, with January 2006 swaps pegged at $559-560/ton. Asian naphtha prices are softening, tracking declines in the crude oil market. INSET: ETHYLENE AND PROPYLENE Q1 CONTRACTS DROP.


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