Americas top stories - weekly summary

01 October 2012 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 28 September 2012.

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US October BD contracts roll over at 83, 90 cents/lb
The US October butadiene (BD) contract rolled over at 83 cents/lb ($1,830/tonne, €1,409/tonne) and 90 cents/lb, market sources said.

US PP September contracts up by 1 cent/lb with propylene
US polypropylene (PP) contract prices settled higher for September, following an identical increase in feedstock propylene, sources said

INEOS in deal to bring US shale ethane to Europe
INEOS plans to ship US shale-derived ethane to its Europe operations under a deal announced.

US September phenol could fall by more than feedstocks
US September phenol contracts could fall by more than what feedstock benzene contracts did for the same month as a result of softer markets, market sources said.

US chemical activity report warns of slowing growth ahead
US chemical industry activity increased by 0.3% from last month, suggesting sub-par growth in 2013, the American Chemical Council (ACC) said.

US propylene contracts for September settle up 1 cent/lb
US propylene contracts for September rose by 1 cent/lb ($22/tonne, €17/tonne), market sources said, confirming settlements reached late the previous week. 

US chemicals production falls in Aug as manufacturing weakens
US chemicals production fell in August from July as part of an overall softening across the nation’s broad manufacturing sector, a key report said.

By: Staff Reporter
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