European cracker margins are currently "at top of cycle levels" according to INEOS last week. But as the above chart shows (based on APPE data), they remain supported by supply issues rather than demand. Operating rates actually slipped to 81%...
The above chart is a real labour of love by ICIS' Sue Royse. It comes from the indispensable monthly ICIS Worldwide Ethylene Plant Report. This tracks global operating capacity (except Russia/CIS), and details both planned and unplanned shutdowns. It highlights...
The price of a product is a key factor in determining the profitability of producing and using it. And a transparent pricing structure encourages liquidity, which enables price discovery to take place more easily between buyers and sellers. This is...
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