Key chemical prices

19 March 2012 00:00  [Source: ICB]

Asia Europe US
$/tonne Change $/tonne Change cents/lb Change
Naphtha 1,098-1,100 CFR Japan -7.50 1,074-1,082 CIF -5 297.25-298.25/gal DEL +11.75
Ethylene 1,300-1,320 CFR NEA +10 1,650-1,670 CIF -10 64.5-70.5 DEL -0.25
Propylene 1 1,400-1,430 CFR NEA +15 €1,195-1,210 CIF +52.50 75-75.5 nc
Butadiene 3,350-3,400 CFR NEA -150 3,000-3,100 FOB -250 155-160 CIF -5
Benzene 1,190-1,195 FOB Korea -17.50 1,190-1,210 CIF -67.50 $4.19-4.25/gal FOB HTC +0.02
Toluene 1,220-1,235 FOB Korea -17.50 1,200-1,230 FOB +20 $4.00-4.10/gal FOB -0.05
Xylene 4 1,410-1,415 FOB Korea nc 1,330 1,350 FOB nc $4.41-4.52/gal FOB HTC +0.06
Paraxylene 1,670-1,678 CFR Taiwan -8.50 1,540-1,560 FOB nc 72-74 FOB -1.5
Orthoxylene 1,610-1,620 CFR NEA -10 1,495-1,500 FOB -32.50 70-71 FOB -0.5
Styrene 1,475-1,500 FOB Korea +5 1,500-1,520 FOB -60 67-68 FOB USG nc
Methanol 380-385 CFR China +6 €290-295 FOB +4 114.5-115.5/gal FOB +1.50
MTBE 1,200-1,202 FOB Singapore +13.50 1,396-1,396 FOB -24 $3.98-3.99/gal FOB USG -0.07
Ammonia 420-430 CFR Taiwan nc 360-370 FOB Yuzhny nc $403-405/tonne CFR USG nc
Phenol 1,535-1,575 CFR CMP nc €1,330-1,370 FD -65 65-70 FOB +2.5


Europe, €/tonne US, cents/lb
Ethylene 1,305 Mar 54 Feb
Propylene 1 1,195 Mar 77.5 Mar
Butadiene 2,185 Mar 145 Mar
Benzene 927 Mar $4.23/gal Mar
Toluene $1,200-1,210 Mar -
Xylene - $4.34/gal Mar
Paraxylene 1,268 Mar 79 Feb
Orthoxylene 1,130 Mar 69 Feb
Styrene 3 1,334 Mar 70 -74 Feb
Methanol 320 Q1 $1.33-1.34/gal Mar
Ammonia - $400/tonne Mar
Ethylene glycol - 53.5-54 Feb
Ethanol 77-80/HL $3.74-3.84/gal Q1
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 transactions 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.

na = not applicable, nc = no change. 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 March 9, 2012. Dollar prices are also based on rates of exchange on March 9, 2012. $1 = €0.753; $1 = £0.632; €1 = £0.839


By: Andy Brice
+44 20 8652 3214



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