Eyes focus on aromatics contracts

June 2007
ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p40
Trade Publication
The article reports on the petroleum chemicals markets around the world. Naphtha prices are between $650-655 per ton. In Europe, the bimonthly June-July 2007 ethylene contract has been agreed at €925 per ton. Propylene remains inactive in Europe. According to the author, rising inventories and shrinking demand are weighing on Asian butadiene values.


Related Articles

  • Global Overview.  // USA Petrochemicals Report;Q4 2010, p9 

    The article presents an overview and forecasts for the global petrochemicals market. Demand for ethylene in 2009 reached 113 millions and is expected to grow around 140 million tonnes by 2015, with the Gulf countries accounting for 20% of production in 2010. An outlook for the global oil product...

  • THINK TANK. Davis, Nigel // ICIS Chemical Business;6/2/2008, Vol. 273 Issue 22, p15 

    The article reports that increased crude prices are creating pressure on petrochemical makers. The chemical markets had been bracing themselves for cost increases, but few in Europe's pivotal ethylene market are prepared for a rapid increase in naphtha costs. It has already been calculated that...

  • Petrochems Brace for Bleak 1999, But Low Energy Costs Offer Some Relief. LINK, JANET // Chemical Market Reporter;02/01/99, Vol. 255 Issue 5, p36 

    Forecasts how the petrochemical industry in the United States will fare in 1999. Factors contributing to both reduction in operating cost and a drop in petrochemical revenues; Decline in the prices for crude oil in 1997; Decline in the prices for lighter feedstocks; Naphtha pricing; Explanation...

  • mentality. Brice, Andy // ICIS Chemical Business;9/24/2007, Vol. 272 Issue 11, p16 

    The article presents information on the difficulties faced by the petrochemical industry in Europe during 2007. It is mentioned that the growing naphtha deficit in Asia may have severe repercussions on the industry by pushing up prices and reducing feedstock availability for olefins production....

  • TOO EARLY TO PREDICT THE MARKET'S DIRECTION. Gibson, Jane // ICIS Chemical Business;1/9/2006, Vol. 1 Issue 1, p35 

    The article examines predictions about the petrochemical markets in 2006. Prediction for Europe from Oxford Economic Forecast is revealed. The implications of shaky European pricing and demand towards the end of 2005 and the stall in Asian pricing in the fourth quarter of 2005 are tackled....

  • Multiple Factors Lead to EDC Import Downturn. He Rui // China Chemical Reporter;2/16/2007, Vol. 18 Issue 5/6, p26 

    The article reports on the forecast concerning the factors that lead to the downturn import of ethane dichloride (EDC) in China. There are three major factors that lead to the decline in China's EDC imports. These include the price rise of crude oil, the shutting down of the production units of...

  • MOST-READ STORIES ON ICIS news.  // ICIS Chemical Business;11/10/2008, Vol. 274 Issue 18, p8 

    The article presents most-read news briefs, of the journal "ICIS Chemical Business," from October 24-31, 2008. A string of petrochemical trade defaults in Asia shook market confidence to the core, as end-users and traders started reneging on deals. Crude oil prices are set to continue falling,...

  • Middle East war puts players on edge. Davis, Nigel; Gibson, Jane // ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p17 

    The article reports that the escalating conflict in the Middle East has affected the global petrochemicals market in July 2006. Brent crude oil futures rose to a record high of $78.10/barrel on July 17, 2006 amid continued fighting between Israel and Lebanese Hezbollah guerrillas. The concern is...

  • Are high crude prices about to impact? Hodges, Paul // European Chemical News;9/26/2005, Vol. 83 Issue 2164, p5 

    Presents an outlook for the impact of high oil prices on the petrochemical industry in Europe. Similarity of the possible decline in industrial demand with the 1978-1982 period when oil prices increased and stabilised at higher levels; Estimated percentage of reduction in global growth due to...


Read the Article


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

Try another library?
Sign out of this library

Other Topics