09 January 2012 01:00 [Source: ICIS news]
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Petrochemical markets in
OUTLOOK ’12: Asian base oils may stay soft amid fewer turnarounds
The surge in Asian base oil prices that occurred in the first half of 2011 is unlikely to be repeated in the same period this year amid a lighter refinery turnaround schedule and an uncertain global economic climate, market participants said.
OUTLOOK ’12: Volatile feedstocks to affect
Asia’s increasing oversupply of 'polyethylene terephthalate (PET) bottle chips may force producers in
Asia’s liquid epoxy resin (LER) prices will likely be soft in the first quarter of 2012 because of weak demand from
Asian 'phenol makers’ margins will be under increasing pressure because of new capacities that are scheduled to come on stream and poor derivative demand amid an uncertain global economic outlook, market sources said.
The prices of 'monoethylene glycol (MEG) in
Styrene butadiene rubber (SBR) prices are under pressure to increase in January because of soaring feedstock 'butadiene (BD) costs but the price uptrend may not be sustainable after the Lunar New Year because of weak demand, industry sources said.
Asian 'acetone trade flow is set to shift, with imports of deep-sea cargoes expected to drop in 2012, in line with new capacities that are scheduled to come on stream in
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