Propylene Latin America

摘要

Propylene pricing in the Mexican domestic market was steady to higher week on week despite a hiccup at a refinery, sources said this week. Pemex Petroquimica was heard pricing chemical-grade propylene at $1,349/mt, up some $4/mt week on week. Polymer-grade propylene was stable for the period at $1,593/mt ($72.25 cents/lb), a source familiar with company pricing said. Petrochemical plants operated by Pemex were heard running at capacity, but a compressor issue halted production at Pemex’s Salina Cruz refinery, a source with knowledge of company operations said earlier this week. The company aimed to resolve the issue by the weekend, the source said. In Brazil, Braskem and state-owned Petrobras this week extended their contract by which Petrobras supplies Braskem with feedstock naphtha for petrochemical production until February 2015.