AFPM ’13: US truck acetone weakening on softer propylene

24 March 2013 18:13  [Source: ICIS news]

SAN ANTONIO, Texas (ICIS)--US truck acetone prices continued to fall on softer propylene values, sources said on Sunday on the sidelines of the International Petrochemical Conference (IPC).

Pre-discount prices were heard in the mid-60s cents/lb for March, down from the mid-70s cents/lb in February, as assessed by ICIS.

The weakness was expected.

Barge material has begun to settle down by 5 cents/lb ($110/tonne, €85/tonne) for March, pressured downward by upstream propylene, which fell by 6 cents/lb for March and is expected to fall similarly for April.

Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC continues through Tuesday.

For more on acetone, visit the ICIS Plants & Projects database

($1 = €0.77)

By: Larry Terry
1 713 525 2653

AddThis Social Bookmark Button

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.

Printer Friendly