Weekly Market Update: April 2-6, 2018

TCC’s Weekly Raw Materials Update: March 26-29.

Ethylene

Spot ethylene hits new lows this week
Traded Friday at 14.25cpp

Benzene

Spot was higher this week
Ended up 2cpg, to 296cpg ($885/mt)

Propylene

PGP
Spot Mar PGP steady at 42cpp

RGP
Spot Mar RGP bid higher, no new trades
Spot RGP ~ 29.5cpp

Polypropylene

Prices steady with tight availability for most grades

Polyethylene

HDPE BM HIC for export ended the week at 57cpp
LDPE film steady Friday at 55cpp
Domestic demand strong for HDPE, LDPE and LLDPE

Polystyrene

Prices firm this week, limited spot supply for HIPS and GPPS

Crude Oil

Lower this week

Monday: $63.01/bbl
Fri: $62.06/bbl
Last Fri: $64.94/bbl
(May NYMEX WTI Crude)

Natural Gas

Flat-to-lower this week

Mon: $2.683/mmBtu
Fri: $2.701/mmBtu
Last Fri: $2.733/mmBtu
(May NYMEX Natural Gas)

Weekly Market Review

TCC produces weekly market review graphics, with content courtesy of PetroChem Wire. This information is distributed via TCC’s social media pages, including Facebook, Twitter, LinkedIn and Instagram, as well as posted to The View section of the website, and occasionally published via email with other market updates.

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