19 November 2013 18:00 [Source: ICIS news]
HOUSTON (ICIS)--Here is Tuesday's midday ?xml:namespace>
CRUDE: Dec WTI: $93.10/bbl, up 7 cents; Jan Brent: $108.15/bbl,down 32 cents
NYMEX WTI crude futures were mixed in search of near-term direction and ahead of the December contract going off the board on Wednesday. A slight rally in gasoline (RBOB) futures also provided underlying support.
RBOB: Dec: $2.6610/gal, up 0.42 cents
Reformulated blendstock for oxygen blending (RBOB) gasoline futures were slightly stronger in early trading, as export demand from Europe provided support.
NATURAL GAS: Dec: $3.592/MMBtu, down 2.5 cents
The December front month slipped for the second consecutive session, losing value on profit-taking activity in the expectation of significant demand surges later in the week as temperatures drop to below average across much of the eastern half of the US.
AROMATICS: benzene flat at $4.19-4.31/gal
Activity was thin in the US benzene market early in the day, sources said. As a result, spot prices were stable from the previous afternoon.
OLEFINS: ethylene offered higher at 57.5 cents/lb, PGP offered lower at 65 cents/lb
US November ethylene offer levels moved up to 57.5 cents/lb from 56.5 cents/lb at the close of the previous day against no fresh bids. US November polymer-grade propylene (PGP) offer levels fell to 65 cents/lb from 66 cents/lb the previous day, also against no fresh bids.
For more pricing intelligence please visit www.icispricing.com
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections