From Pierce Points:
The next big boom in commodities might not be copper, gold, or even oil.
It could be a more obscure market. Natural gas liquids, or NGLs.
I discussed last week how European chemical makers are scrambling to
secure supplies of cheap natgas liquids like ethane. Supplies that have
been unlocked from America’s booming shale gas production.
Last week we saw evidence that the NGLs craze isn’t limited to European buyers.
Asia also wants to get in on the action...
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