Industry Product Pricing

Industry Product Pricing

Average Quarterly Industry Prices (1)

 

Average domestic prices March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 March 31, 2020
Ethane (cents/lb) (2) 10.0 7.1 5.8 6.3 4.7
Propane (cents/lb) (3) 15.7 12.8 10.3 11.8 8.8
Ethylene (cents/lb) (4) 17.0 13.7 20.7 22.8 15.8
Polyethylene (cents/lb) (5) 60.0 63.0 59.0 54.0 52.3
Styrene (cents/lb) (6) 78.8 80.8 79.9 77.1 62.3
Caustic soda ($/short ton) (7) 717 697 692 662 648
Chlorine ($/short ton) (8) 175 175 175 175 176
PVC (cents/lb) (9) 68.8 68.2 68.8 67.8 71.8
Average export prices         March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 March 31, 2020
Polyethylene (cents/lb) (10) 44.0 42.8 39.7 37.7 38.9
Caustic Soda ($/short ton) (11) 314 283 275 219 203
PVC (cents/lb) (12) 36.0 35.0 35.1 33.6 36.9

(1) Industry pricing data was obtained through IHS Markit ("IHS"). We have not independently verified the data.

(2) Average Mont Belvieu spot prices of purity ethane over the period.

(3) Average Mont Belvieu spot prices of non-TET propane over the period.

(4) Average North American spot prices of ethylene over the period.

(5) Average North American Net Transaction prices of polyethylene low density GP-Film grade over the period.  

(6) Average North American contract prices of styrene over the period.

(7) Average USGC-CSLi index values for caustic soda over the period as reported by IHS. As stated by IHS “the caustic soda price listing represents the USGC-CSLi values. USGC-CSLi does not reflect contract price discounts, implementation lags, caps or other adjustments factors. Additionally, it is not intended to represent a simple arithmetic average of all market transactions occurring during the month. Rather, the USGC-CSLi is most representative of the month-to-month caustic soda price movement for contract volumes of liquid 50% caustic soda rather than the absolute value of contract prices at a particular point in time. It is intended to serve only as a benchmark.”

(8) Average North American contract prices of chlorine over the period. 

(9) Average North American contract prices of pipe grade polyvinyl chloride (PVC) over the period. As stated by IHS “the contract resin prices posted reflect an “index” or “market” for prices before discounts, rebates, incentives, etc.”

(10) Average North American export price for low density polyethylene GP-Film grade over the period.

(11) Average North American low spot export prices of caustic soda over the period.

(12) Average North American spot export prices of PVC over the period.