May 11, 2021 11:45:06 AM / by Cooley May
The relative moves in ethylene and propylene prices are not surprising given the news flow – propylene is likely being influenced by concerns around refinery cutbacks again – this time because of the colonial pipeline issues, while ethylene should continue to see downward pressure as the US oversupply emerges from all of the recent production difficulties. See our Daily Report for more.
Source: Bloomberg, C-MACC Analysis, May 2021
Tags: Chemicals, Propylene, Ethylene, Ethylene Price
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