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Nova Chemicals Declares Force Majeure on Polyethylene (04/28/2021)
April PGP Settles... (04/28/2021)
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)
Polyethylene
PE producers secured their $.07-.09/lb increases for April contracts and even at these very elevated levels, Polyethylene demand continued to improve the first week of May while supplies remained just as tight. Processors began to believe that the May $.05-.06/lb increase could be viable and became more aggressive with their purchases, so buy orders streamed in at a quicker pace, and as offers were scooped up, spot prices rose a few cents more. M... [More]
Polypropylene
Polypropylene trading re-awoke as May began, it was like a whole different market and spot prices leapt at least $.04/lb. Demand roared back as PGP monomer prices began to soar again, spurred along by the Colonial Pipeline cyberattack, refinery and PDH issues, and better consumption from resin reactors and monomer exports. While reactors are mostly back running strong, most producers are still operating under Force Majeure with reduced allocation... [More]
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