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London (Platts)--21 Sep 2016 942 am EDT/1342 GMT
Asian ethylene buyers are offering a better netback than European peers for US ethylene, a shipbroker said Wednesday, with no fixtures reported recently from the US to Europe.
Houston (Platts)--21 Sep 2016 942 am EDT/1342 GMT
The US styrene-benzene spread was at $283.72/mt Tuesday, up $38.87/mt from Monday and up $10.84/mt on the week, according to S&P Global Platts data.
Singapore (Platts)--21 Sep 2016 405 am EDT/805 GMT
China Petroleum and Chemical Corp., or Sinopec, raised its ex-works butadiene offers in eastern China for a second time this week to Yuan 9,800/mt, or $1,230/mt on an import parity basis, up Yuan 300/mt, market sources said Wednesday.
Houston (Platts)--20 Sep 2016 500 pm EDT/2100 GMT
The US acetone contract price for September has settled at an 18-month high, up 8-8.5 cents from August at 41.75 cents/lb ($920.42/mt), sources said Tuesday.
Istanbul (Platts)--20 Sep 2016 945 am EDT/1345 GMT
Turkish police early Tuesday raided staff accommodation belonging to Turkish petrochemical company Petkim and arrested 13 people suspected of connections to the group alleged to be behind the failed coup in Turkey on July 15, Turkey's independent DHA news agency reported Tuesday.
Singapore (Platts)--20 Sep 2016 453 am EDT/853 GMT
China Petroleum and Chemical Corp., or Sinopec, raised its eastern and southern China ex-works butadiene prices by 2.1%-2.2%, effective late Monday, over concerns of tight supply, market sources said Tuesday.
Houston (Platts)--19 Sep 2016 555 pm EDT/2155 GMT
PolyOne will increase the selling price on its US plasticizers by 4 cents/lb ($88/mt), effective October 1, according to a letter obtained by S&P Global Platts Monday.
Pittsburgh (Platts)--19 Sep 2016 909 am EDT/1309 GMT
Ethane supplies from the US into Europe are economically sound with oil priced at $40/b, Ineos Group director Tom Crotty said Friday.
London (Platts)--19 Sep 2016 908 am EDT/1308 GMT
Global chemical producer Ineos continues to seek new buyers of US ethane to meet the capacity its fleet of Dragon class ships provides, David Thompson, COO of Ineos trading and shipping, said in an interview.
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