14 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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Update - Thai PTTGC Q1 net profit falls 12% on high feedstock costs
PTT Global Chemical’s (PTTGC) first-quarter net profit fell by 12% year on year to Thai baht (Bt) 9.85bn ($317m), weighed by high feedstock costs and waning overseas demand, the Thailand-based chemicals maker said late on Thursday.
Focus - Asian bitumen prices down on softer fuel oil prices
Focus - Asia SBR falls 7%; may extend declines on ample supply
Spot styrene butadiene rubber (SBR) prices in
Bitumen supply in east
Focus - Asia BR market shrugs off Thai BST Elastomers' force majeure
Offers for butadiene rubber (BR) in
Focus - China MIBK may hit record high on supply disruption in
Spot methyl isobutyl ketone (MIBK) prices into China may test the record high of $2,175/tonne (€1,675/tonne), as production issues in Japan further tightened regional supply, market sources said on Wednesday.
Focus - Asia ABS plummets, demand seen weak for May
Asian acrylonitrile-butadiene-styrene (ABS) prices fell to this year’s low amid receding demand which is unlikely to recover till June and poor buyers’ sentiment, traders and producers said on Tuesday.
Update - Thai BST declares FM in Map Ta Phut; BR, SBR plants damaged
Bangkok Synthetics Co Ltd (BST) and its affiliate BST Elastomers have declared force majeures on overall production in Map Ta Phut,
Saudi Kayan halts operations at Al-Jubail plants on technical snag
Saudi Kayan Petrochemical on 9 May stopped production at some of its plants at Al-Jubail in
Focus - Middle East TDI ends 5-month uptrend on strong buyer resistance
Spot toluene di-isocyanate (TDI) values in the Middle East fell last week, snapping five months of steady increase, and look set to continue falling as buyers put up strong resistance to continued price spikes, industry players said on Tuesday.
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