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Mideast PET prices hit 14-week low on declining feedstock costs
| Wed Apr 03, 2013…week low in line with a steep decline in feedstock costs, and are unlikely to bottom out until May, market players said
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Softer spot ethylene and higher production costs push down US ethylene margins
| Tue Sep 13, 2011…week of September, pressured by softer spot prices and slightly higher production costs, as per ICIS. Using ethane as a feedstock, ethylene margins were at 31.61 cents/lb (US$697/ton) for the week ended…
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Asian PS producers reluctant to lower prices despite weak demand
| Mon Dec 19, 2011…week, as per ChemOrbis. However, despite the recent uptick, current offer levels continue to show negative margins for the PS producers at the low end of the overall GPPS range as they still trade below…
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Naphtha in Asia rises to 2 week high, cracks at 5 week high, on increased buying from South Korea
| Thu Dec 01, 2011…week high on Wednesday while cracks hovered at their highest in five weeks, as per Reuters. YNCC bought up around 75,000 tons of naphtha for H1-January arrival at Yeosu at a discount of about US$1/ton…
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US ethylene margins lifted by higher ethylene spot prices and softer production costs
| Wed Aug 31, 2011…week, as per ICIS. Ethylene margins were at 34.27 cents/lb (US$756/ton) for the week ended 26 August, using ethane as a feedstock. US margins rose as ethylene spot prices climbed by 1% last week on inventory…
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Iran’s Sepahan Oil drops base oil prices for third week
| Mon Sep 24, 2012…week in line with the overall bearish sentiment in the Middle East market, a company source said on Monday.
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PET prices fall in Turkey on lower costs
| Tue Mar 27, 2012…week, feedstock markets in Asia and Europe recorded steady drops since the second week of March, as per ChemOrbis. The previous softening in spot PX, PTA and MEG costs due to fluctuating energy prices…
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Global styrene markets move south on weaker oil prices
| Tue Mar 05, 2013…week with Asian market witnessing the largest decrease, as per Chemorbis. Steadily weakening energy costs, which weighed down on spot benzene costs in major markets including Europe, Asia and the US,…
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Signs of stabilization in China's PP, PE markets on firmer costs
| Fri Mar 29, 2013…week, as per ChemOrbis. Indeed, these markets have been stabilizing on a week over week basis on the back of the firmer stance domestic producers have been taking recently. Rebounding crude oil prices…
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Naphtha prices in Asia rise to highest in about two weeks
| Mon Oct 17, 2011…week, Asia's naphtha price week at their highest in about two weeks, while cracks rose for the third straight session to hover around their highest in a week, as per Reuters. South Koreas YNCC has come…
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US propylene inventories increase 1.4% on higher production
| Wed Feb 27, 2013…week on week as refinery production moved higher, according to data released on Wednesday by...
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A look at Ticona's acetal resin plant
| Mon Oct 03, 2011…week’s Material Insights video. Also this week, we report that compound and concentrate makers Polyvel and Rowa are coming together at Polyvel’s site in Hammonton, N.J. This week's…
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NWE benzene at 15 week low on slow demand; margin healthy
| Tue Mar 12, 2013…week low of US$1335.5/mt on a combination of weak downstream demand, upcoming derivatives turnarounds, a closed arbitrage to the US, as well as persistently high inventories, Platts data showed. The last…
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PP pricing makes major move
| Tue Feb 21, 2012…week's Material Insights video. Also this week, we look at annual financial results from Georgia Gulf Corp. and PolyOne Corp. The video wraps up with a look at a new bioplastics joint venture between…
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PE faces unexpected price hike
| Mon Jan 16, 2012…week's Material Insights video. Archer Daniels Midland's split with Metabolix also is featured in this week, as well as a pair of news items from the resin distribution world.