European butane

摘要

Large cargo butane levels were up by $50/t in two weeks to $622.5/t cif Amsterdam-Rotterdam-Antwerp (ARA).Butane's value relative to naphtha remained steady at 99-1 OOpc of the naphtha price. Tighter North Sea availability during the remainder of October is expected to support prices further.Coaster prices mirrored gains in the large cargo markets, with strong buying interest from the trading sector compounding bullish sentiment. Fob northwest European levels were up by $50/t from the first week of October to more than $627.50/t and are trading above naphtha.