The Plaza Group announced 5 cts/lb toluene and MX hikes effective May 18th, which will move its prices for both products to 75 cts/lb FOB Houston.
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MEGlobal confirms it will lower its Asian Contract Price (ACP) MEG benchmark $20/mt to $890/mt effective June 1st.
The Solvents Report Alert
In addition to the 5 cts/lb increase that went into effect today, May 12th, Tauber announced an additional 5 cts/lb toluene and MX increase effective May 17th in response to the rapid jump in spot barge values over the past two weeks.
The Solvents Report Alert
Calumet announced it will increase various aliphatic prices 4 cts/lb effective May 20th. Included in the list are hexane, heptane, and various mineral spirits. The full list includes: HP Iso-Hexane, Hexane, Heptane, 150-190, 180-210, 195-208, 300-360<1%, Mineral Spirits Regular / Rule 66 / <1%, 142 Flash <1% / Rule 66, 400-500 Solvent, 450 Hi, K1 Kerosene, Calprint 35, Calprint 38, 420-460, LVP 100, LVP 200, LVP 300, 600 Solvent, Cal-lite, LVT 200, LVT 215, LVT 210, PA 200, WP 145, CALSIA Products. All CONOSOLR Products; All DRAKESOL R Products; All MAGIESOL R Products
The Solvents Report Alert
ExxonMobil announced several increases scheduled to take effect on May 18th. It will increase its ARO 100 and ARO 150 and various aliphatic (including regular mineral spirits) prices 4 cts/lb. It will move its OMS price up 10 cts/lb. The seller also plans to increase its MEK price 15 cts/lb.
Citgo notified its customers it will move its toluene price up 6 cts/lb and increase its MX prices from its Chicago terminals up 6 cts/lb effective May 21st.
The Solvents Report Alert
PBF Energy notified its customers that in response to elevated spot barge prices in the USG and regional economics, it will increase both its toluene and MX prices 6 cts/lb effective May 23rd.
The Solvents Report Alert
In response to the sharp escalation in spot barge prices since early May, The Plaza Group announced a 5 cts/lb toluene and MX increase effective May 13th.
The Solvents Report Alert
Tauber, citing the jump in spot barge values over the past week, notified customers it will increase its toluene and MX prices 5 cts/lb effective May 12th.
The Solvents Report Alert
Mitsui notified customers it will increase its MEK price 15 cts/lb effective May 16th. This is in addition to the 15 cts/lb increase it pushed through on May 1st.
The Solvents Report Alert
The Plaza Group announced it will move its toluene and MX prices up 3 cts/lb effective May 9th.