07 May 2012 02:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the ?xml:namespace>
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Focus - Asia BR downtrend to persist on weak demand, plunging BD prices
Spot toluene prices in eastern
Focus - Weak nylon sector to temper
A weakness in nylon chips (polyamide) sector may temper efforts by producers and traders of feedstock caprolactam to hike prices, market players said on Thursday.
Asia’s soap noodles prices are expected to remain firm because of rising feedstock costs, but demand at the higher prices continues to be slow, market sources said on Thursday.
Focus - Asia’s hydrous ethanol prices to be stable-to-firm on low supply
Asia’s hydrous ethanol prices are expected to remain at their current levels with some firming up expected in the third quarter because of tightening supply from Brazil, market sources said Wednesday.
Focus - Asia BD may extend falls after 14% slump on weak demand
Spot butadiene (BD) prices in Asia look set to continue falling, after shedding 14% last week to below $3,000/tonne (€2,280/tonne), as demand weakened because of shutdowns at downstream plants, industry sources said on Tuesday.
Focus - Refining loss to persist for China’s Sinopec in '12 - analysts
China’s Sinopec is expected to continue incurring losses from its refining operations throughout the year, with earnings from its chemicals segment expected to fall, as oil product prices remained regulated in the world’s second biggest economy, analysts said on Monday.
Qatar's QAPCO on track to start up LDPE-3 unit by end May
Qatar Petrochemical Co (QAPCO) is on track to start up its new 300,000 tonne/year low density polyethylene (LDPE) facility, or LDPE-3, at Mesaieed in Qatar by the end of May, a source close to the company said on Wednesday.
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