Tag: olefins

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  • Price Pullback Stokes Ethylene Buying

    11/20/2020 | Author: Tom Pawlicki

    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 253,399 Mt in October. Ethylene prices on the US Gulf Coast rallied more than 225% […]

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  • TEMPORARY DOWNTURN

    11/13/2020 | Author: Tom Pawlicki

    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 of natural gas liquids feedstock became limited. There are some signs that feedstock production may […]

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