Americas top stories - weekly summary

22 July 2013 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 19 July 2013.

(Please click on the link to read the full text.)

US spot ethylene prices fall 3.5% despite mid-week rebound
US ethylene spot prices fell 3.5% week over week before a mid-week rally capped the losses, sources said.

US judge denies emergency halt to BP Deepwater claims payments
A US district judge refused to grant an emergency injunction to temporarily stop payments from BP's Deepwater Horizon settlement programme.

August US BD contract nominations coming in 39% below July
One US butadiene (BD) producer has put out an August contract price nomination of 40 cents/lb ($882/tonne, €670/tonne), or 39% below the July contract price of 66 cents/lb, sources said.

US Senate confirms McCarthy as new EPA administrator
The US Senate confirmed Gina McCarthy as the new administrator of the Environmental Protection Agency (EPA), ending a nearly five-month standoff over what had been a contentious nomination to some in the petrochemical and energy sector.

Initial US July acrylates roll over on ample supply, stable demand
US July acrylic acid and acrylate esters contract prices were initially settling flat from June on ample supply and stable-but-lacklustre demand, sources said.

Brazil approves anti-dumping duties for ethanolamines
Brazil’s Chamber of Foreign Trade (Camex) has approved provisional anti-dumping duties on ethanolamines from the US and Germany, according to information made available last week.

US July propylene contracts fully settle flat, at slight jump
US July propylene contracts settled at split deltas for the second consecutive month, buyers and sellers confirmed.

US melamine prices increase by 3 cents/lb for Q3
US melamine contracts for product delivered in the third quarter settled up on average by 3 cents/lb ($66 tonne, €50/tonne), market participants said.

By: Staff Reporter
+44 20 8652 3214

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