Europe LPG-based cracker margins drop, naphtha-based stay flat
European contract cracker margins based on liquefied petroleum gas (LPG) fell week on week on higher feedstock costs and lower ethylene prices.
Margins for naphtha-based crackers were largely flat.
In the week to 18 October:
- Naphtha values fell by less than 1%
- LPG costs rose by 2%
Naphtha-based contract margins decreased by less than 0.5%, co-product credits were flat:
LPG-based contract margins fell by 4%, co-product credits were flat:
Contract margins by feedstock:
Spot margins by feedstock:
Spot naphtha-based margins fell by 10%.
Spot ethylene prices decreased over the last week as demand was low and supply remained ample, with further cracker re-starts expected after the recent maintenance period comes to an end.
Co-products credits remained flat.
Demand was weak across all derivatives and sources reiterated that there is unlikely to be any real improvement given the time of year.
You May Interested In
2026-08-24
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Liquefied Petroleum Gas vs Propane: Key Differences and Applications
-
Demand has Improved, and the Focus of the Liquefied Gas Market has Shifted Upward
-
The Liquefied Gas Market Fluctuated Frequently in April and The Range Was Limited
-
What Is The Composition of Lpg And Cng Gases?
-
What Are The Advantages of LPG as Fuel
-
Supply contraction, weaker demand, LPG fundamentals are not optimistic
-
China's liquefied gas market will rise again after the Spring Festival
-
It is the general trend for the market to utilize liquefied gasifiers well
-
Wanhua Shuts 1.1 Million-Tonne Yantai MDI Unit for 45-Day Maintenance
-
Global Chemical Exports Are Freezing in 2026
Recommend Reading
-
![Continental Tires Out, Franchise Power In: Continental Group Spins Off French Retail Arm to ASC in Strategic Pivot]()
Continental Tires Out, Franchise Power In: Continental Group Spins Off French Retail Arm to ASC in Strategic Pivot
-
![Moldova Proposes Stricter Quality Standards for Edible Casein and Caseinates]()
Moldova Proposes Stricter Quality Standards for Edible Casein and Caseinates
-
![Jiangsu Fengshan Biochem Gears Up for Strategic Expansion in Selective Herbicide Intermediates and Active Ingredients]()
Jiangsu Fengshan Biochem Gears Up for Strategic Expansion in Selective Herbicide Intermediates and Active Ingredients
-
![Afidopyropen: The Silent Assassin of Sap-Sucking Pests—Promise, Pitfalls, and the Path to Sustainable Deployment]()
Afidopyropen: The Silent Assassin of Sap-Sucking Pests—Promise, Pitfalls, and the Path to Sustainable Deployment
-
![Agrochemical Markets at a Crossroads: Winter Stockpiling Begins Amid Cost Pressures and Fragmented Demand]()
Agrochemical Markets at a Crossroads: Winter Stockpiling Begins Amid Cost Pressures and Fragmented Demand
-
![Business Society’s Market Outlook for Gasoline on August 21, 2026: Volatile Rise]()
Business Society’s Market Outlook for Gasoline on August 21, 2026: Volatile Rise
-
![Downstream Demand Lacks; DMF Market Rides Narrowly on a Weak Note]()
Downstream Demand Lacks; DMF Market Rides Narrowly on a Weak Note
-
![Business Society’s MTBE Market Outlook on August 20, 2026: Clearly Upward Trend]()
Business Society’s MTBE Market Outlook on August 20, 2026: Clearly Upward Trend
-
![Business Society’s Market Outlook for Fuel Oil 180CST on August 20, 2026: Volatile]()
Business Society’s Market Outlook for Fuel Oil 180CST on August 20, 2026: Volatile
-
![Business Society’s Market Outlook for Methanol on August 20, 2026: Continuing to Rise]()
Business Society’s Market Outlook for Methanol on August 20, 2026: Continuing to Rise
