01 June 2012 15:49 [Source: ICIS news]
LONDON (ICIS)--The physical implications of trade sanctions against ?xml:namespace>
Europe has lost approximately 500,000 tonnes/year of Iranian imports, while key Asian markets, such as
Yet despite these changes, markets are not actually suffering from a lack of product; more a perception that supplies in the future will be tight.
Inventories are at adequate levels and negative economic news has led to the fairly widespread belief that demand in
However, a European supplier believes there will be an undeniable reduction in availability in
“At the moment, people have 5,000-6,000 tonnes in tank and they are not so worried. But soon these volumes will not be there,” the supplier said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections