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TCC’s Weekly Raw Materials Update: March 26-29.
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Ethylene
Spot ethylene hits new lows this week
Traded Friday at 14.25cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]
Benzene
Spot was higher this week
Ended up 2cpg, to 296cpg ($885/mt)[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1523288338670{margin-top: -50px !important;}”]
Propylene
PGP
Spot Mar PGP steady at 42cpp
RGP
Spot Mar RGP bid higher, no new trades
Spot RGP ~ 29.5cpp
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Polypropylene
Prices steady with tight availability for most grades
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Polyethylene
HDPE BM HIC for export ended the week at 57cpp
LDPE film steady Friday at 55cpp
Domestic demand strong for HDPE, LDPE and LLDPE
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Polystyrene
Prices firm this week, limited spot supply for HIPS and GPPS
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Crude Oil
Lower this week
Monday: $63.01/bbl
Fri: $62.06/bbl
Last Fri: $64.94/bbl
(May NYMEX WTI Crude)
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Natural Gas
Flat-to-lower this week
Mon: $2.683/mmBtu
Fri: $2.701/mmBtu
Last Fri: $2.733/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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