Commodity Market Report
Olefins - Ethylene Americas Monthly Market Overview December 2019
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Report summary
December US ethylene spot prices assessed at Mont Belvieu have decreased to near 19 cts/lb month to date, down about 2 cts/lb compared to the November average. The November contract price is yet to settle and will most likely settle with the December contract. Spot margins decreased month over month as ethylene prices decreased while ethane and LPG prices continued to rise. Production increased into December as a few crackers came back online after unplanned outages and demand increased into December month over month as PE units continued to ramp up production.
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