Asia top stories - weekly summary

10 December 2012 01:00  [Source: ICIS news]

SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 7 December 2012.

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Focus India domestic IPA to fall in mid-December on import flows

Spot domestic values of isopropanol (IPA) in India may stay at current levels until mid-December, when imported cargoes booked at lower prices start arriving into the country, market sources said on Monday.

Focus Asia EPDM to stay soft in near term as supply outstrips demand

Asia has an abundant supply of ethylene propylene diene monomer (EPDM) that will likely depress prices in the near term amid weak demand from the automotive sector, a major downstream of the product, industry sources said on Tuesday.

Focus China’s acrylic acid, esters prices to fall after strong surge

Chinese domestic prices of acrylic acid (AA) and acrylate esters is poised to continue declining in the near term after a price surge following the explosion at Nippon Shokubai’s Himeji facility in end-September, sources said on Thursday.

Focus Weak demand to cap Asia ADA cost-driven gains

Spot adipic acid prices in Asia have been increasing on the back of rising cost of feedstock benzene, but further gains may be limited by continued weakness in demand, industry sources said on Friday.

Oman's Octal to restart shut down PET line by mid-December

Oman's Octal expects to restart one of its four polyethylene terephthalate (PET) lines, which has been shut for repair and maintenance, by mid-December, a company source said on Tuesday.

By: Staff Reporter
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