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Data Feature: Global Solvents Pricing Overview

May 14, 2015
The European spot price of acetone added Eur40/mt on the week and was assessed at Eur800/mt FD NWE.
Also in this feature
Hexane: European truck prices up; US spot prices remain stable
Northwest European hexane truck prices were assessed up Eur15/mt at Eur780/mt FD NWE.
Phenol: European spot price falls; Asia price down
Asian phenol fell $15/mt on week, assessed at $1,020/mt CFR China on May 12 as supply tightness in China eased further.

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News Headlines

Eastman Chemical announces 5 cents/lb increase for MIBK effective June 5
Houston (Platts)--22 May 2015 111 pm EDT/1711 GMT
US producer Eastman Chemical will raise methyl isobutyl ketone prices by 5 cents/lb effective June 5 or as contracts allow, according to a customer notice obtained Friday by Platts.
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Latest Platts Videos

Prices dip in global benzene markets as supplies grow, crude weakens

February 11, 2015 (16:41)

Benzene is a key part of the petrochemical industry and building block of modern life, and markets are finding changes accelerated by a shifting energy complex.

Price Focus

European polyvinyl chloride spot prices fell a further Eur10/mt the w/e Nov 21 to Eur750/mt FD NWE, following the fall of Eur30/mt seen the w/e Nov 14. Decreases continue to be seen as an effect of a Eur90/mt fall in ethylene for November and a further fall expected in feedstock December, sources said. Sources also cited decreases in PVC prices to a seasonal lull in demand now felt in the market, pegging spot prices lower this week at Eur740-780/mt FD NWE as a result.

Petrochemical Infographics

Featuring global trade flows for polyethylene, this infographic also details surplus and deficit totals and includes key trend points, statistics and forecasts going out all the way to 2023.

The Barrel Blog

May 21, 2015
The next 'leap second' event will occur on June 30, 2015. Will the world as we know it change in the blink of an eye?
May 19, 2015
The US dollar has fallen sharply over the past few months following an impressive push upward for nearly a year.
April 15, 2015
For two years, US polyethylene prices climbed higher and higher. For two years, feedstock prices had little-to-no impact on domestic polyethylene contracts. Upward or downward shifts in domestic demand seemed to have little effect.
April 07, 2015
The relationship between crude and petrochemical prices is creating more volatility in petchem markets, and the higher level of uncertainty will lead to more evaluation of project feasibility.
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What is causing the Asian benzene price plunge?
May 19, 2015 - Platts editors analyze the cause of falling benzene prices and the factors that could potentially lend it some support.
What keeps Asian polymer market players awake at night?
May 14, 2015 - There was considerable anxiety over oil price volatility's impact on petrochemical margins at a recent petchems conference, Platts editors observed.
China PTA futures, spot prices firm; paraxylene prices in backwardated curve
May 05, 2015 - Prices of purified terephthalic acid have firmed up after unexpected plant outages in China affected supply, while India has lifted anti-dumping duties on China PTA.
Tight supply makes waves in US methanol markets
April 29, 2015 - Global supply tightness kicked up methanol prices in the US, where Q1 turnarounds, strong export demand and natural gas shortages has the market eagerly awaiting new units coming online.
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Asian Petrochemicals methodologyPublished August 2014

The Asian Petrochemical Products Guide contains the primary specifications and methodologies for Platts Asian Petrochemical assessments.

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