naphtha

SIMON SAYS: Spreading LPG against naphtha is not for the feint hearted!

Submitted by Simon Hill on Tue, 11/26/2019 - 17:00

After a few years in the wilderness, and I do mean living on the Isle of Wight by the way, I was quite taken aback one day when two industry jargons were used in a flourish, as if I should have known exactly what they meant, one was “PRONAP” and the other was “FEIMOPJ”. Once I had worked out what they represented, I was then fascinated to know how they traded in the market.

SIMON SAYS: Markets are as unpredictable as ever. Oh yes, don’t switch off your Twitter feed!

Submitted by Simon Hill on Wed, 06/19/2019 - 18:33

I’m just squeezing into my morning suit and putting on my top hat, as we head off for our annual Royal Ascot, day at the races. Usually I’m going thinking, how far under 90% of naphtha will the petrochemical buyers push the propane market in Europe, or will our customers try to push dates back again or isn’t it time for buyers to start stock building at the bottom of the market.