Latest PetroChem Wire Stories

HOUSTON, May 2, 2013 /PRNewswire/ -- U.S. prices for ethylene, the chemical building block for many plastic consumer goods from toys to lawn furniture, reached their lowest level since early December in early April, rebounded slightly but then couldn't sustain the upward momentum and ended the month several cents below the level seen on April 1, according to PetroChem Wire. Ethylene prices on the U.S. Gulf Coast, which were just under 61 cents per pound on April 1, fell to 54 cents...

HOUSTON, Dec. 4, 2012 /PRNewswire/ -- Prices for the chemical building block ethylene dropped to nearly 50 cents per pound at the end of November, their lowest level since early August. The fall reflected ample supplies and slower sales volumes for the key plastic derivative, polyethylene, according to the chemical industry report PetroChem Wire. U.S. ethylene prices ended November at 50.375 cents per pound, down from 54.5 cents per pound at the end of October and close to the...

HOUSTON, July 5, 2012 /PRNewswire/ -- U.S. prices for the chemical building block ethylene recovered somewhat at the end of June from the lowest level in 20 months as short-term supply concerns briefly resurfaced, according to PetroChem Wire, a daily newsletter serving the petrochemical industry. The ethylene price touched 39.5 cents per pound on June 13, extending its drop from a seven-year high of 75.12 cents per pound on April 5 after unplanned plant outages and scheduled...

HOUSTON, June 1, 2012 /PRNewswire/ -- U.S. prices for the chemical building block ethylene reached a seven-month low in May, dropping below 50 cents per pound, according to PetroChem Wire, a daily newsletter serving the petrochemical industry. Reduced ethylene production due to plant maintenance closures supported the ethylene market earlier in the second quarter. Ethylene peaked at just over 75 cents per pound at the beginning of April. On May 31 it traded at 46.5 cents per...

HOUSTON, April 30, 2012 /PRNewswire/ -- U.S. prices for ethylene, the building block chemical for products ranging from plastic bags to antifreeze, recently reached levels not seen since the 2005 hurricane season, according to PetroChem Wire, a daily newsletter serving the petrochemical industry. Ethylene touched 75.125 cents per pound on April 4, the highest level in at least seven years, PetroChem Wire reported. Prices began 2012 at 56.75 cents per pound. Ethylene climbed as...

HOUSTON, April 14, 2011 /PRNewswire/ -- Prices all along the U.S. petrochemical chain moved higher during the first quarter of 2011, but none more dramatically than ethylene, according to PetroChem Wire (PCW), a daily U.S. petrochemical industry newsletter. PCW's cash market assessments are used to settle the cleared NYMEX ethylene contracts. Ethylene, a building block chemical, saw spot market prices soar 43.7 percent between the start of January and the end of March 2011. During that...

HOUSTON, Aug. 9 /PRNewswire/ -- WHO: Mark Quiner is senior editor at the PetroChem Wire and is involved in the daily reporting and writing of the newsletter and production of its market indexes. Also, Quiner has done several large studies on U.S. ethylene and propylene pipeline logistics, working with industry players to compile a complete database and map of the Gulf coast petrochemical infrastructure. Prior to PetroChem Wire, Quiner was an editor at ICIS covering the olefins and...