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.

US May ethylene contracts begin settling with a month-on-month decrease

HOUSTON, June 2, 2016 (PCW) -– US ethylene contracts for May began settling late Wednesday at 30 cpp, down 0.5 cpp from April.

This is the first decrease the contract price has seen since January, when it settled at 24.75 cpp, down 1 cpp from December 2015.

Spot ethylene prices traded lower Wednesday, finishing the day at 24.5 cpp, down from its last done level of 25 cpp on Tuesday.

Spot ethylene prices trended lower throughout the month of May, trading between 24.875-25.5 cpp and ultimately closed out the month down 0.375 cpp. The weighted average price for May for Mont Belvieu spot ethylene was 25.182 cpp. -- Samantha Hartke

Sign Up for RSS Feed  follow us in feedly