Weekly Market Update: January 1-5, 2018

Ethylene

Traded higher this week
Jan spot trades up to 28.75cpp
20 new spot trades this week

Benzene

U.S. Jan benzene starts the year flat, $3.21/gal
U.S. styrene rebounds to 58.1cpp

Propylene

PGP
Spot Jan PGP bid up to 56.75cpp, no trades
US PGP highest in the world

RGP
Spot Jan RGP trades up to 38cpp

Polypropylene

PP prices flat to higher, limited activity

Polyethylene

PE prices mostly flat, buyers and sellers gradually returning to the market
Spot availability apparently scarce

Polystyrene

Jan PS prime market discussed to roll from Dec

Crude Oil

Higher this week
Tuesday: $60.37/bbl
Friday: $61.44/bbl
(Feb NYMEX WTI Crude)

Natural Gas

Lower this week
Monday: $3.056/mmBtu
Friday: $2.795/mmBtu
(Feb 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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