Oct 26, 2021 12:59:13 PM / by Cooley May posted in Chemicals, Polymers, Propylene, Ethylene, intermediates, natural gas prices, US ethylene surplus, ethylene exports, chlorine, ethylene prices, Caustic Soda, crude prices, PVC prices
We are seeing some stability in ethylene and propylene pricing in the US to start the week, and with the steady rise in crude prices and the Monday jump in natural gas prices, this is not surprising. As we noted in yesterday’s Weekly Catalyst, there is enough incentive to export ethylene from the US to Asia – most likely Southeast Asia rather than North Asia, and this could offer support for those with surplus ethylene in the US today.
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