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U.S. ethylene prices rise

 Last Update: 2022-08-25
 Source: Internet
 Author: User

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According to reports, U.
S.
ethylene prices rose sharply last week due to increased spot exports and the commissioning of several downstream units

December MtB-NOVA ethylene prices were 22.
5 cents/lb, December MtB-EPC ethylene prices were 23.
5 cents/lb, and December Choctaw ethylene prices were 24.
25 cents/lb

December MtB-NOVA ethylene prices were 22.

The maximum assessed operating rate for crackers on the U.

Spot U.

On the downstream side, Formosa Plastics announced that its low-density polyethylene (LDPE) plant started production on November 30 at Point Comfort, Texas
.

During the new crown epidemic, domestic demand for PE resin in the United States has maintained a growth momentum as consumer consumption habits have shifted to more packaged goods
.
In particular, the US dollar fell sharply, the Asian PE market, especially the Chinese market, performed strongly, and the export demand for PE resin from the United States also accelerated in November and December
.
Strong export demand drove up spot prices for ethylene trains in Houston
.

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[Plastic] U.S. ethylene prices are rising

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U.S. ethylene prices rise

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[Plastic] U.S. ethylene prices are rising