Americas top stories - weekly summary

10 September 2012 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 31 August 2012.

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US September cumene expected to fall 5-7% on benzene
US September cumene contract prices are expected to fall by 5-7% because of lower feedstock costs, sources said.

US PE August contracts split with 3, 5 cent/lb increase
US polyethylene (PE) contracts ended August in a split settlement, with at least one producer settling at an increase of 3 cents/lb ($66/tonne, €52/tonne) while most other producers pushed through a 5 cent/lb increase, sources said.

US ethylene for August settles 10% higher at 46 cents/lb
US ethylene contracts for August rose by 4 cents/lb ($88/tonne, €70.4/tonne) to 46 cents/lb, market sources said following a jump in spot prices and slightly higher production costs last month.

US epoxy resins prices steady on strong imports, high feedstocks
US prices for epoxy resins ordered in September are expected to roll over from prices on material ordered in August, sources said.



By: Staff Reporter
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