The ICIS Weekly Atlantic Basin Feedstocks report covers Europe and the US. There are numerous price assessments, including crude, naphtha, gasoline, ethane, propane, butane, LPG, NGL, VGO, fuel oil and cracked fuel and these are gathered by our locally based reporters. Commentary gives news and analysis on price movements, refinery news, demand patterns and any other economic or political news impacting the market at the time. This reliable tool can be used to help you make business decisions.
Updated to Q4 2020
US
After NGLs production defied bearish expectations and held mostly steady in Q3, increased drilling activity, spurred by higher crude oil prices, boosted NGL production in Q4. Supply of propane and butane has proven disproportionately tightened (compared to that of ethane) and coronavirus-related demand destruction due the effect of these headwinds on US refinery utilisation.
Strong consumption of downstream products has sustained demand for US ethane throughout the pandemic, largely on the back of surging consumption, both domestically and abroad, of non-durable PE applications. While the supply chain was disrupted in Q3 by an unusually active Atlantic hurricane season, Q4 was characterised by higher cracker and polymer plant rates, which drove up demand for feedstock ethane.
We offer the following regional Feedstocks analysis and news coverage to keep you informed of factors and developments affecting prices in the Feedstocks marketplace.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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