Tag: olefins

Price Pullback Stokes Ethylene Buying

Steadily rising prices of ethylene between mid-April and mid-September caused many buyers to turn to alternative sources, but a recent pullback in the market has rekindled interest. Ethylene offtake this month is currently around 172,825 metric tons, and compares to

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TEMPORARY DOWNTURN

Most petrochemical crackers are running at relatively high operating rates amid the coronavirus pandemic, as demand for virus mitigation products requiring polyolefins remains high. In the UK, however, operations slowed recently at Navigator’s Teesside and Exxon’s Fife plants, as supplies

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