Key chemical prices

11 January 2010 00:00 [Source: ICB]

Asia Europe US
	$/tonne	Change	$/tonne	Change	cents/lb	Change
Naphtha	753-762.50 CFR Japan*	+50.75	735-745 CIF *	+76.50	205.75-209/gal DEL *	+26.25
Ethylene	1,200-1,230 CFR NEA*	+35	1,000-1,050 CIF*	+10	40.25-44.5 DEL	+6.38
Propylene 1	1,180-1,230 CFR NEA	+72.50	€750-800 CIF *	+40	50-51 *	+1.75
Butadiene	1,800-1,850 CFR NEA	+300	1,300-1,350 FOB*	+2.50	58-60 CIF *	nc
Benzene	1,085-1,095 FOB Korea *	+120	1,130-1,140 CIF *	+127.50	$3.75-3.80/gal FOB HTC	+0.56
Toluene	950-960 FOB Korea*	+85	870-900 FOB *	+57.50	$2.74-2.81/gal FOB *	+0.23
Xylene 4	970-980 FOB Korea	+77.50	900 920 FOB *	+100	$2.98-3.05/gal FOB HTC *	+0.22
Paraxylene	1,160-1,170 CFR Taiwan	+50	1,050-1,080 FOB*	+30	48.76-49.45 FOB *	nc
Orthoxylene	1,130-1,140 CFR NEA *	+120	820-840 FOB *	nc	41-43 FOB*	nc
Styrene	1,320-1,330 FOB Korea *	+120	1,330-1,340 FOB	+135	58-59 FOB USG *	+5.5
Methanol	310-320 CFR China *	+5	€205-210 FOB	-5	95-97/gal FOB *	-0.5
MTBE	820-830 FOB Singapore *	+40	809-827 FOB	+40	$2.35-2.45/gal FOB USG*	+0.13
Ammonia	335-340 CFR Taiwan	nc	265-275 FOB Yuzhny	-2.50	$303-305/tonne CFR USG	nc
Phenol	1,350-1,450 CFR CMP *	nc	€1,000-1,050 FD *	nc	52-54 FOB *	nc

	Europe	US
	€/tonne	cents/lb
Ethylene	870 Jan	37.25 Oct
Propylene 1	790 Jan	54 Dec
Butadiene	950 Q1	65 Dec
Benzene	759 Jan	$2.98 Dec
Toluene	$855-870 Jan+	-
Xylene	-	$2.63/gal Dec
Paraxylene	740 Dec	52.25 Dec
Orthoxylene	660 Dec	43.5-44.5 Dec
Styrene 3	1,018 Jan	56.5-59 Nov
Methanol	223 Q4	108-110 cents/gal Dec
Ammonia	-	$300/tonne Jan
Ethylene glycol	-	37-40 Dec
Ethanol	60-64/HLT	$3.00-3.10/gal Dec

Prices contained in this magazine are gathered by ICIS pricing through consultation with producers, consumers and traders across Asia, Europe and the US. They are intended as a guide to price levels of recent business and reflect medium-to-large tonnage sales. ICIS Chemical Business and ICIS pricing accept no liability for commercial decisions that are based on the market information/prices reported in this magazine.

Abbreviations used are FOB (free on board), CIF (cost, insurance and freight), FCA (free carrier), CFR (cost and freight), DEL (delivered).

European contract prices are quoted on a free-delivered basis (FD), unless otherwise stated.

Initial, but unfixed, negotiating range is indicated (*), na = not applicable, nc = no change, + initial settlement. 1 = polymer grade, 2 = solvent grade, 3 = barge price, 4 = isomer grade

Spot prices in this issue are based on information that was available on January 7, 2010. Dollar prices are based on rates of exchange on January 4, 2010. $1=€0.693; $1=£0.620; €1=£0.896

By: Andy Brice
+44 20 8652 3214

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