Weekly Market Update: January 22-26, 2018

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Ethylene

Jan spot trades in a range of 27.5-28cpp
Twenty new spot trades this week
US prices remain lowest in the world

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Benzene

US Jan benzene drops from $3.17/gal to $3.08
Rebounded to $3.15/gal
Us benzene slightly lower than Asia, above Europe

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Propylene

PGP
Spot Jan & Feb PGP drops to 63cpp
US PGP highest price in the world

RGP
Spot Jan & Feb RGP offered down to 37cpp

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Polypropylene

PP Jan prices mixed this week

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Polyethylene

Prices move up among supply issues

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Polystyrene

Prime direct market prices holding steady for Jan

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Crude Oil

Higher this week
Monday: $63.57/bbl
Friday: $66.14/bbl
(Mar NYMEX WTI Crude)

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Natural Gas

Slightly higher this week
Monday: $3.224/mmBtu
Friday: $3.505/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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