The industry has adjusted pricing after the drop in price of crude oil. However producers continue to push margin increases through to customers. Announced margin increases: ExxonMobil $0.02 April 1, 2015. Total Petrochemicals $0.05 March 1, 2015. LyondellBasell $0.03 April … Continue reading
March propylene monomer settled down $0.015 cpp to $0.72 cpp.
In February monomer settled down $0.01 per pound to $0.735 and many industry experts believe the price will continue downward until June.
Propylene monomer settled up $0.04 per pound to $0.745 for January 2014.
The spot market for polyethylene appears to be stable with no major changes in pricing since last week. Nonetheless, the current scenario is looking quite bullish with rising ethylene prices and tight resin availability, so as we get deeper into … Continue reading
ExxonMobil and Shell have adjusted their nominations for December propylene monomer to +$0.045 per pound.
October monomer settled down $0.025 per pound this month to $0.675.
Propylene is expected to settle down 1-2 cents per pound in October. Homopolymer and Random Clarified Copolymers remain tight and in High demand.
Propylene monomer settled up $0.05 per pound to $0.70 in August
Polypropylene increased by $0.03 per pound June. most experts believe we will see another increase in July as producers prepare for plant turn arounds.← Older posts