US spot petrochemical prices softened last week as the Iran risk premium
unwound, reducing export demand; Gulf Coast operational issues limited further
downside. Ethylene fell 4.1% and polymer‑grade propylene dropped 9.8%; both
remain above pre‑war levels after Middle East shipment disruptions via the
Strait of Hormuz tightened global supply and supported earlier US export flows.
The price of para‑phenylene di‑n‑butyl ether, more than 70% used in synthetic
rubber tires, held at 63.5 cents/lb, making it one of the most price‑resilient
petrochemical products this year.