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Petrochemicals Segment to Significantly grow in post-covid consumption push (02/12/2021)
Total Petrochemicals La Porte, Texas Unit Started up (02/12/2021)
PGP Monomer Prices Rally Further (02/01/2021)
Unifi Announces Significantly Improved Second Quarter Fiscal 2021 Results (01/27/2021)
DCP Midstream to Host Conference Call to Discuss 2020 Financial Results and 2021 Guidance (01/14/2021)
Ethylene Market size is expected to reach USD 186.5 billion by 2026 (01/14/2021)
Grace to Review Unsolicited Proposal from 40 North (01/11/2021)
Propylene Prices Continue to Climb (01/06/2021)
Ethylene Prices are Soaring (01/06/2021)
NPE 2021 has essentially been Cancelled (01/06/2021)
Petrochemical Market 2021 Industry Size, Share, Price, Trend and Forecast to 2026 (01/06/2021)
Global $34.4 Billion Plastics Recycling Markets to 2025 (01/06/2021)
Polyethylene
As the market awoke after the winter storms, Polyethylene prices quickly jumped about $.08/lb, HDPE resins, with production predominately located in the Gulf, rose the most, and by the end of the week, nary a pellet of blow molding resin could be found. While LDPE and LLDPE prices also soared, they did lag a tad perhaps in light of the meaningful portion of North American production which comes from Canada where they are plenty used to arctic-typ... [More]
Polypropylene
On the other hand, for the past several months, Polypropylene prices have been largely influenced by runaway monomer costs, and spot PGP prices hit an all-time high of $1.05/lb on Friday amid heavy turnover. PGP supplies had already been extremely short well before this storm, plagued by low refinery rates, inconsistent PDH output (making on purpose propylene) and light feeds predominately used by crackers. Jan PGP contracts had settled at $.605/... [More]
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