US olefins prices were largely stable week on week as margins grew on the back of lower ethane values in December. Spot ethane values have shed Early week activity saw December offered at 35.875 cents/lb at MtB Wms, Equ and at Choctaw. After close of assessment, a December deal was heard done at 35.50 cents/lb MtB Wms. Tuesday saw December offers at 36 cents/lb at both MtB Wms and Equ. December ultimately traded at 35.375 cents/lb MtB Wms and offers moved lower to 35.75 cents/lb at both MtB Wms and Equ. January was seen offered at 35.625 cents/lb MtB Equ against bids at 33.50 cents/lb MtB Equ. Midweek activity saw sellers largely absent as crude prices gained over $2/barrel. December bids were seen at 35 cents/lb at both MtB Wms and Equ. January was offered at 37 cents/lb at both MtB Wms and Equ, however no corresponding bids were seen. Spot ethylene values moved higher Thursday following an early-day January trade at 36 cents/lb MtB Equ.
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