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Petrochemicals market news & analysis


Infographic

What's in store for global polyethylene and polypropylene out to 2027?

Worldwide polyethylene capacity is seen to grow from 108.3 million mt in 2016 to 150 million mt by 2027, with around 10 million mt of speculative capacity included into our forecasts post 2024. Platts Analytics expects production to grow from 93 million mt in 2016 to 133.6 million mt by 2027.


News Headlines

London (Platts)--12 Dec 2017 926 am EST/1426 GMT
European truck prices for solvent toluene are coming under pressure this week as producers seek to manage their inventory ahead of the new year, market sources said Tuesday.
Houston (Platts)--11 Dec 2017 1048 pm EST/348 GMT
US OLEFINS
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Podcasts

November 27, 2017
Is peak oil demand a myth? Capitol Crude goes to Georgetown University to debate how electric vehicles, technology, policy and petrochemicals (and more) will influence whether demand for crude oil will peak around 2030.
October 26, 2017
Platts oil products editors discuss this summer's firm propane fundamentals during a time when prices would traditionally drop. Is the alternative steam cracker feedstock about to face an unconventional winter too?
October 11, 2017
Russian and OPEC officials last week discussed the progress of their landmark crude oil production deal, and plans to increase bilateral cooperation, during multiple meetings and events held in Moscow.
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Feature: Platts Global Petrochemical Index

August 15, 2017
Prices in the $3 trillion-plus global petrochemicals market fell less than 1% in July to $868 per metric ton (/mt), according to the just-released monthly average of the S&P Global Platts Petrochemical Index.
Global petrochemical prices down slightly in July
Also in this feature
Platts Global Benzene Price Index
Platts Global Benzene Price Index
Benzene prices were down 3.2% month-on-month to $726.38/mt. Year-on-year, though benzene is up 12.8% compared to July 2016.
Platts Global Ethylene Price Index
Platts Global Ethylene Price Index
Ethylene continues to post a double-digit percentage drop year-on-year, down 10.3% from July 2015.



The Barrel Blog

October 05, 2017
Middle Eastern petrochemical companies are known for their lavish hospitality, but at a cocktail party organized by a major Saudi company in Berlin recently, the atmosphere was quite somber. A conversation with one of the hosts on the impact of shale gas went some way to explaining this.
July 11, 2017
Two North Texas joint ventures between resin packaging companies and railroads that aim to move USGC polyethylene for export have been delayed to 2018.
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RELATED

  • Methodologies
  • Products
Asia-Pacific Petrochemicals methodology

Published September 2016

The Asian Petrochemical Products Guide contains the primary specifications and methodologies for Platts Asian Petrochemical assessments.


Asia-Pacific Petrochemicals methodology



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