25 February 2011 18:00 [Source: ICIS news]
HOUSTON (ICIS)--Here is Friday’s midday ?xml:namespace>
CRUDE: Apr WTI: $97.59/bbl, up 31 cents; Apr Brent: $111.59/bbl, up 23 cents
WTI crude futures traded higher but well off the intra-day high of $99.20/bbl following reports that
RBOB: Mar: $2.7276/gal, down 1.09 cents
Reformulated gasoline blendstock for oxygenate blending (RBOB) prices fell after
NATURAL GAS: Apr: $3.979/MMBtu, up 10.7 cents
The NYMEX front-month contract rolled to April and prices surged at midday. Long-range weather forecasts showed below-average temperatures for much of the
ETHANE: up at 71.0-72.5 cents/gal
Mont Belvieu ethane prices moved back above 70 cents/gal, confounding most of the market. With April ethane priced 10 cents/gal lower than March, one theory floated for the higher March spot level was that another chemical cracker came up short on ethane supply.
AROMATICS: benzene down at $4.25-4.35/gal
OLEFINS: ethylene bid flat at 52.00 cents/lb; RGP flat at 61.50 cents/lb
For more pricing intelligence please visit www.icispricing.com.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|