SINGAPORE (ICIS)--Asia noon snapshot Thursday 08 November 2018.
Product | Latest | Previous | Change |
Brent January | 72.01 | 72.07 | -0.06 |
WTI December | 61.73 | 61.67 | 0.06 |
Naphtha | 564.50 | 576.50 | -12.00 |
Benzene | 677.50 | 687.50 | -10.00 |
Toluene | 747.50 | 747.50 | 0.00 |
Ethylene | 915.00 | 915.00 | 0.00 |
Propylene | 1040.00 | 1045.00 | -5.00 |
CRUDE: Prices little changed from the previous close. Easing supply worries and concerns over a global economic slowdown still limiting upside.
NAPHTHA (CFR JAPAN): H2 December prices dipped amid limited discussions.
BENZENE (FOB KOREA): Down on weak Chinese market; Chinese major reduced list price by CNY 300 to CNY6,000/tonne.
TOLUENE (FOB KOREA): Stable on thin liquidity.
ETHYLENE (CFR NE ASIA): Sellers took a wait-and-see stance on hopes that prices may have bottomed out.
PROPYLENE (CFR NE ASIA): Down on falling domestic prices in China.
The snapshot is compared with the previous evening. Chemicals prices are the mid-point of a range in $/tonne.