HOUSTON (ICIS)--A US propylene producer nominated its March contracts for a 1 cent/lb ($22/tonne) increase, sources said on Friday.
Earlier in the week, another US producer nominated its March contracts at an increase of 1.5 cents/lb.
Sources said propylene producers are pushing for increases on tighter supply, as crackers have started shifting toward lighter feeds in light of increased propane and naphtha values.more >>
INSIGHT: BASF balances North America advantage with pressure in Asia
"The results show how well the BASF verbund can work to balance out market pressures and risks." more
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