New From PetroChem Wire . . . .
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,
November ethylene contract price settles up 0.25 cpp
HOUSTON, December 2, 2015 (PCW) -- The November ethylene NTP settled Wednesday at 28.5 cpp, an increase of 0.25 cpp from October.
The increase follows five consecutive decreases on the monthly contract since June.
A year ago, the November 2014 contract price was 45.5 cpp.
Spot ethylene traded between 20.875-24.75 cpp in November. The November 30-day weighted average was 22.630 cpp.
On Wednesday morning, December ethylene traded at 21 cpp basis Mt B-Wms and was bid/offered at midday at 20-22 cpp.
To keep up with news and market trends throughout the day, see the PCW Midday Update by clicking here.