News Code : 43156

Petrotahlil :

VCM: Stable in Asia | Down in Europe | Stable in US

• Asian VCM market flat despite limited supply 

• Spot VCM prices in Europe down $20 on week 

• European VCM market respond to lower C2 prices 

• US VCM prices track stable PVC markets

• Spot prices: CFR Far East Asia $720 | CFR Southeast Asia $750 | FOB NWE $660 | FOB USG $640-650

 

Ethylene: Up in Asia | Stable in Europe | Up in US

• Spot C2 prices in Asia up $10 on week 

• Asian buyers remain cautious about fresh purchases 

• Spot prices mostly flat on week in Europe 

• Sentiment remains weak in Europe’s C2 market 

• C2 prices rise ahead of Hurricane Barry in US

• Spot prices: CFR Northeast Asia $800 | CFR Southeast Asia $710 | FOB South Korea $750 | FD NWE €850 | FD USG $347-358

 

Styrene: Down in Asia | Up in Europe | Stable in US

• Spot styrene edges lower in Asia as de­mand fades 

• China’s local mark­et also down amid hi­gher supply 

• Healthy demand pus­hes spot prices high­er in Europe 

• European styrene market up $25 on week 

• Spot styrene prices mostly flat in US

• Spot prices: CFR China $1070 | FOB Sou­th Korea $1030 | Ex-­tank Zhangjiagang $1­139-1142 | FOB NWE $960 | FOB USG $904-9­15

 

Propylene: Up in Asia | Up in Europe | Up in US

• Spot C3 prices up $25-30 on week in Asia 

• Limited availability continue to bolster Asian C3 markets 

• European C3 market recovers from lowest since Dec 2017 

• US C3 market extends gains amid production outages

• Spot prices: CFR China $950 | FOB South Korea $905 | FD NWE €875 | FD USG $860

 

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END 

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