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US MTBE exports rise in September with Jan-Sep at three-year high: EIA
Houston (Platts)--30 Nov 2016 456 pm EST/2156 GMT
US MTBE exports in September climbed to the highest level for the month in three years, and exports for the nine-month period from January through September remained at a three-year high, US Energy Information Administration data showed Wednesday.
EU styrene Dec CP expectations strengthen on spot hike
London (Platts)--30 Nov 2016 821 am EST/1321 GMT
Expectations for the European styrene December contract price have strengthened on a surge in the spot price on Tuesday, according to sources.
Arbitrage for EU styrene exports to Asia closes amid production issue
London (Platts)--29 Nov 2016 954 pm EST/254 GMT
The styrene market arbitrage between Europe and Asia shut Tuesday as prices in the respective regions moved in opposing directions amid reduced production at LyondellBasell/Covestro's Maasvlakte propylene oxide styrene monomer (POSM) unit.
ExxonMobil nominates Dec paraxylene ACP at $860/mt CFR, up $65 from Nov settle
Singapore (Platts)--29 Nov 2016 1248 am EST/548 GMT
ExxonMobil has nominated its December paraxylene Asia Contract Price at $860/mt CFR, up $65/mt from the November settlement of $795/mt CFR, sources close to the negotiations said Tuesday.
Pemex says October ethylene output increases 12% on month, 16% on year
Houston (Platts)--28 Nov 2016 606 pm EST/2306 GMT
Pemex's ethylene production totaled 64,896 mt in October, up 12% from September, the Mexican state company said Monday.
GPCA: Persian Gulf petchems sector expansion faces uphill battle - Sabic CEO
Dubai (Platts)--28 Nov 2016 946 am EST/1446 GMT
Persian Gulf nations hit hard by the latest oil market downturn are planning major investments in their downstream petroleum sectors as they seek to export higher value products in place of crude while achieving economic diversification.
NEA-SEA ethylene location spread hits record high $140/mt on firm China demand
Tokyo (Platts)--28 Nov 2016 544 am EST/1044 GMT
The price spread between CFR Northeast Asia and CFR Southeast Asia ethylene markers remained at a record high $140/mt Monday, flat from Friday, amid strong demand in China from styrene monomer producers, S&P Global Platts data showed.
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