Weekly Market Update: January 15-19, 2018

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Ethylene

Jan spot trades as high as 29.25cpp
More than 20 new trades last week
US prices remain lowest in the world

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Benzene

US Jan benzene gains 7cpg, up to $3.17/gal
US benzene on par with Asia, just below Europe

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Propylene

PGP
Spot Jan PGP trades up to 68.5cpp
US PGP highest price in the world

RGP
Spot Jan RGP trades steady at 40cpp

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Polypropylene

PP prices transitioned higher this week

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Polyethylene

Prices higher among tight spot availability

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Polystyrene

Prime direct market prices holding steady for Jan

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Crude Oil

Slightly lower this week
Tuesday: $63.73/bbl
Friday: $63.37/bbl
(Feb NYMEX WTI Crude)

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Natural Gas

Slightly higher this week
Tuesday: $3.129/mmBtu
Friday: $3.185/mmBtu
(Feb NYMEX Natural Gas)

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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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