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.

UPDATE: US June benzene contract price drops 8 cpg; Asia, Europe lower

HOUSTON, May 31, 2016 (PCW) -– The US June benzene contract price has settled at 200 cpg ($598/mt), 8 cpg lower than the May contract settlement of 208 cpg ($622/mt).

US spot prices have been trending lower the entire month, declining 11 cpg in May on weaker global values due to softer downstream demand.

In contrast, WTI crude oil rose more than $3/bbl during that time frame, while Brent rose $1.13/bbl.

On Tuesday as well JX Nippon Oil & Energy settled the June Asian Contract Price at $615/mt (206 cpg), $50/mt lower than the May CP.

By mid-Tuesday, the European June contract price was reported settled at €572/mt ($637/mt or 213 cpg) CIF ARA for a €27 decline from the May settlement. -- Samantha Hartke

Sign Up for RSS Feed  follow us in feedly