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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