New From PetroChem Wire . . . .

NGLs Week

NGLs Week Newsletter  

PetroChem Wire and Genscape have partnered to create NGLs Week, a comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

For more information, click here.

Analysis: Isobutane’s strength over butane caused by short-covering, outage

HOUSTON, December 10, 2015 (PCW) -- Gulf Coast spot isobutane has held a strong premium over butane Since the week of November 23 due to a spate of short-covering and concern over a reported isomerization unit outage.

Since that time, isobutane’s premium hit a high of 4.75 cpg on November 30, PetroChem Wire prices show, exhibiting unusual strength. In comparison, for the year to date, the average premium for isobutane has been 0.2 cpg (see table below).

End-of-the-month short-covering was partly behind isobutane’s strength with at least two major shops seen out in heated buying mode.

But a reported unexpected outage at one of the larger isomerization units had also resulted in a major producer turning to the spot market to fulfill contractual obligations. -- Samantha Hartke

To read the full analysis, check out NGLs Week here.