
What can producers expect from the rest of 2024?
Chemical Week
Invest Wisely: Ethane's Continued Advantage
The upcoming hurricane season poses unpredictability for investments, yet opportunities remain in the US due to the ethane advantage, which has recently widened. While some companies are scaling back capital investment, the high oversupply and low prices of ethane, which recently fell to a four-year low, have improved ethylene cracker margins. This marks the US ethylene market as more advantageous compared to Asia and Europe. Analysts anticipate that low ethane prices will persist in the foreseeable future, influencing continued investments.
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