Commodity Market Report

Olefins - Ethylene Americas Monthly Market Overview October 2018

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02 November 2018

Olefins - Ethylene Americas Monthly Market Overview October 2018

Report summary

In October US spot ethylene prices averaged 19.4 c/lb, down from 20 c/lb in September. Ethane prices fell back down below 45 c/gal, and ethane cash costs are currently averaging 18.7 c/lb. Propane and Butane cash costs are sitting at 26.5 and 23 c/lb respectively. Our NGL team is expecting the ethane frac spread to rise through 1Q 19. We expect spot ethylene to average 17.5 c/lb through the end of the year.

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    Olefins - Ethylene Americas Monthly Market Overview - October 2018.pdf

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