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US Spot Petrochemical Prices Retreat as Iran Premium Unwinds (opens original article in a new tab)

TL;DR

US spot petrochemical prices continued to soften as tensions between the US and Iran eased, though Gulf Coast operational issues prevented steeper declines.

  • US spot petrochemical prices softened last week
  • Tensions between US and Iran eased, affecting export demand
  • Operational issues on Gulf Coast limited price declines

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