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Watch: US propylene producers reportedly buying spot to fulfill obligations

  • Featuring
  • James Wallis
  • Commodity
  • Petrochemicals
  • Length
  • 2:41

Propylene and ethylene prices in the US spiked in the first few weeks of 2017, with a busy turnaround season along the US Gulf Coast prompting tightness in the olefins markets. Nida Qureshi details just how much the petrochemical prices have increased, how long the supply tightness is expected to last and how it's changing normal market dynamics.

The video's first image incorrectly depicted the assessments for various propylene grades, but was corrected and updated on February 3.