US Spot Petrochemical Prices Retreat as Iran Premium Unwinds
Why does this event matter?
US spot petrochemical prices continued to soften last week as easing tensions between the US and Iran weighed on export demand, though a series of operational issues along the Gulf Coast helped limit steeper declines.
US spot petrochemical prices continued to soften last week as easing tensions between the US and Iran weighed on export demand, though a series of operational issues along the Gulf Coast helped limit steeper declines.