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TCC’s Weekly Raw Materials Update: April 9-13.
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Ethylene
Spot ethylene steadies this week at 14.25cpp
45-day weighted average: 15.653cpp
Compared to March average: 19.887cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]
Benzene
Spot ends the week flat, $2.94/gal DDP HTC
US higher than Europe and Asia[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1523887009785{margin-top: -50px !important;}”]
Propylene
RGP
Spot PGP up slightly, to 43.75cpp
RGP
Spot RGP trades up to 33.5cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1523887018019{margin-top: -50px !important;}”]
Polypropylene
Prices flat-to-higher, supply remains tight with strong demand
PP operating rates rebounding to 93.5%
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Polyethylene
Flat-to-lower this week
Supply of some grades show signs of loosening
LLDPE relatively available
HDPE BM shows flat availability
LDPE film, HMWPE film remain tight
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Polystyrene
Prices steady this week, limited spot activity, relatively good availability
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Crude Oil
Higher this week
Monday: $63.42/bbl
Fri: $67.39/bbl
Last Fri: $62.06/bbl
(May NYMEX WTI Crude)
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Natural Gas
Higher this week
Mon: $2.693/mmBtu
Fri: $2.735/mmBtu
Last Fri: $2.701/mmBtu
(May NYMEX Natural Gas)
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TCC produces weekly market review graphics, with content courtesy of PetroChem Wire. This information is distributed via TCC’s social media pages, including Facebook, Twitter, LinkedIn and Instagram, as well as posted to The View section of the website, and occasionally published via email with other market updates.
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