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US Ethylene - Mont Belvieu continues to soften  |  Mont Belvieu drop in ethane source  |  Choctaw is unchanged despite thin trading

US Ethylene - Mont Belvieu continues to soften | Mont Belvieu drop in ethane source | Choctaw is unchanged despite thin trading

Nov 10, 2022

US Ethylene - Mont Belvieu continues to soften-  Mont
Belvieu drop in ethane source-  Choctaw
is unchanged despite thin tradingThe US ethylene market continued to decline
as Mont Belvieu price fell while Choctaw price remained stable Nov. 9th and
December Mont Belvieu were unchanged at 20.75c/lb FD Mont Belvieu. Sources claim that the
ethylene market was following ethane, despite lower offers. One source stated that ethylene prices have been dropping a
lot in the past two days. Mont Belvieu's
ethane prices were 0.113 cent lower than the previous day and.506cent lower
than the beginning of the week. Due to
thin trading, Choctaw's ethylene prices remained unchanged. The November and December prices remained steady at 20.25
and 20.75 cents/lb, respectively. Five
consecutive days have passed without a change in front-month Choctaw price
movements. Due to bearish sentiment on...

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