Europe’s Plastic Policies and Impact on Petrochemical Markets
Following China’s footsteps, Europe is proposing expanded recycling strategies. Since China’s ban on importing the world’s plastic waste began in January 2018, other countries have also felt an urgency to recycle more. Europe’s proposed strategy to expand recycling efforts begins with Europe recycling just 41% of plastic waste today. The proposed strategy plans to reach […]
Weekly Market Update: February 19-23, 2018
[vc_row border_color=”#0c0c0c”][vc_column][vc_column_text] TCC’s Weekly Raw Materials Update: February 19-23. [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Ethylene Feb spot ethylene down to 22cpp Feb 45-day average for TX/LA at 23.254cpp Compared to 27.884 January average[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene Prices slightly lower this week Tuesday: Feb closed at 309cpg DDP HTC, down 1cpp in a week Friday: Feb and Mar traded at […]
U.S. Propylene Feb Contract Price Down 6¢/lb.
US Propylene Feb Contract Price Down 6¢/lb. The US Propylene Contract Price is being agreed at a decrease of $.06/lb, or $132/t. This decrease makes the February polymer grade propylene contract price $.53/lb, or $1168/t, and the chem grade contract price to $.515/lb, or $1135/t. The Chemical Company is seeing improved availability, with some reduced […]
Weekly Market Update: February 12-16, 2018
[vc_row border_color=”#0c0c0c”][vc_column][vc_column_text] TCC’s Weekly Raw Materials Update: February 12-16. [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Ethylene Range-bound most of the week, ending slightly higher Feb MtB-NOVA began the week at 22.25cpp Ended the week bid at 22.625 March maintained a small premium of .25cpp [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene Prices higher this week Feb bids rose to $3.09/gal DDP HTC March […]
Weekly Market Update: February 5-9, 2018
[vc_row border_color=”#0c0c0c”][vc_column][vc_column_text] The Chemical Company Weekly Pricing Update: February 5-9, 2018. [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Ethylene Feb spot ethylene trades down to 21.25cpp Rebounds in February to 22.25cpp US ethylene prices remain lowest in the world [/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Benzene US Feb benzene drops 20 cents, ends at $2.95/gal Global prices fell in parallel US styrene down 2 […]
