07 January 2013 04:36 [Source: ICIS news]
SINGAPORE (ICIS)--The following OUTLOOK '13 stories were published by ICIS news between Thursday 20 December 2012 and Monday 7 January 2013. Please click on the headlines to read the full versions.
OUTLOOK '13: Asia polysilicon to stay weak on trade protectionism
Asia solar polysilicon prices are expected to face downward pressure next year because of global trade protectionism that is already putting a strain on the photovoltaic (PV) industry, market players said on Thursday.
OUTLOOK ’13: Asia chemical shipping freight rates likely to soften
Chemical freight rates in Asia are expected to soften in 2013 because of weak demand for petrochemical and palm oil cargoes and uncertain global economic conditions, according to several market players.
OUTLOOK ’13: Lighter turnaround plans at Asia crackers to lift naphtha
Asia’s naphtha prices are expected to be supported next year by higher spot demand as the turnaround schedule at regional crackers is much lighter compared with the previous years, traders said.
OUTLOOK '13: Asia jet kerosene demand seen modestly growing in 2013
Asian jet-kerosene demand is expected to continue to grow modestly in 2013, along with price volatility, with growth principally centred on China as the region remains a key area of expansion in the global airline industry.
OUTLOOK '13 : China’s MTBE prices to drop in Q1 2013 on soft demand
Prices of methyl tertiary butyl ether (MTBE) in China are expected to drop in the first quarter of 2013 as a result of weak demand and subdued trade amid a long holiday period, market sources said.
OUTLOOK ‘13: Asia MMA seen rangebound on supply-demand balance
Spot methyl methacrylate (MMA) prices in Asia are expected to be largely stable throughout 2013 on the back of a relatively balanced supply and demand situation, market players said.
OUTLOOK '13: China PE, PP trades may regain pace in end Jan
China’s polyethylene (PE) and polypropylene (PP) import demand is likely to be slow in the first half of January, but trades may regain pace in end January on restocking activities, industry sources said on Monday.
OUTLOOK ’13: Asian benzene to stay stable-to-firm on tight supply
Asia’s benzene spot prices are poised to remain stable-to-firm next quarter on the back of persistently tight supply, higher bids from traders seeking cargoes on short positions and expectations of stronger demand from downstream sectors.
OUTLOOK ‘13: Asia styrenic resin prices rise on buoyant feedstocks
The prices of styrenic resins in Asia remain on an uptrend in December, largely because of firming feedstock styrene monomer (SM) prices.
OUTLOOK '13: Asia styrene at 10-year high despite lull season
Asian styrene monomer (SM) prices have reached a 10 year high this week despite the current lull season.
OUTLOOK ’13: Asia polyols, isocyanates less bullish on weak demand
Toluene di-isocyanate (TDI) and methyl di-p-phenylene isocyanate (MDI) outlook in Asia for the first quarter of 2013 is less bullish because of uncertain macroeconomic conditions and concerns of oversupply and weak demand.
OUTLOOK ’13: Asia ADA margins to rebound in ‘13 on firm feedstock
Asia’s adipic acid (ADA) margins are expected to rebound in 2013 as regional producers plan to hike their selling ideas or reduce supply on the back of persistently firm feedstock benzene prices, industry sources said.
OUTLOOK '13: Tight supply to support Asia toluene despite weak demand
Asia’s tight supply of toluene, particularly in China, will continue to buoy up regional spot prices of the aromatics product in the next few months, even though demand is expected to remain weak, industry sources said.
OUTLOOK ‘13: Asia olefins outlook mixed, clouded by economic woes
The outlook for Asian olefins prices is mixed in 2013 as prevailing tight supply on the back of reduced cracker operating rates in the region is balanced by worries that petrochemical demand may not improve in the uncertain global economic climate, market sources said.
OUTLOOK ’13: Volatile PO prices in Asia lead to cautious outlook
Participants in Asia’s propylene oxide (PO) spot market are notably conservative about its price outlook following a year of huge fluctuations in the spot values in China, the region’s largest consumer of PO.
OUTLOOK ‘13: Asia oxo-alcohols to track propylene prices in 2013
Asia oxo-alcohols prices are likely to track closer to feedstock propylene values in 2013 following new capacities as more plants come on stream in China, industry sources said.
OUTLOOK ’13: Asia BD prices seen strong in Q1 on renewed demand
Asia butadiene (BD) prices will likely rise further in January and remain strong in the first quarter of 2013 as buying interest is expected to pick up ahead of the Lunar New Year and remain firm, industry sources said.
OUTLOOK ’13: Asia’s epoxy resins prices likely to stay flat in Q1
Asia’s liquid epoxy resins (LER) prices will likely to stay flat in the first quarter of 2013 despite prices having bottomed out, because of expected continuous weak market sentiment and low demand, market players said.
OUTLOOK ‘13: India solvents seen growing on IPA, acetone growth
The solvent market in India is expected to see a growth of 6-8% in 2013, driven by growing isopropanol (IPA) and acetone markets, industry sources said.
OUTLOOK ’13: Asia hydrous ethanol prices to firm on supply shortage
Asia prices of hydrous ethanol are likely to rise in 2013, largely because of an expected shortage of Brazilian sugarcane-based product and lower availability from alternative source, Pakistan.
OUTLOOK ‘13: Oversupply to plague Asia BPA markets, PC lacklustre
Asia’s bisphenol-A (BPA) supply will increase by 585,000 tonnes in 2013 from four projects due to come on stream in South Korea and China, aggravating oversupply that depressed BPA prices in the fourth quarter of 2012, market sources said.
OUTLOOK ’13: Asia SBR to remain flat in Q1 on subdued demand
Asia styrene butadiene rubber (SBR) prices are likely to remain flat in the first quarter of 2013 as demand is expected to be subdued because of the weak macro-economic outlook, industry sources said.
OUTLOOK ’13: South Asia’s PVC to stay upbeat on strong demand
Prices of polyvinyl chloride (PVC) in the south Asian markets of India and Pakistan are likely to remain upbeat in 2013, sustained by strong demand for the product, industry sources said.
OUTLOOK ’13: Asia TiO2 may soften further on weak regional demand
Titanium dioxide (TiO2) prices in Asia are likely to soften in the first three to six months of 2013 because of weak regional demand, market players said.
OUTLOOK ’13: Asia MA to be stable-to-firm on rising feedstocks
Asia’s maleic anhydride (MA) prices are expected to fluctuate in line with feedstock benzene costs, but the prevailing snug supply is likely to keep prices stable-to-firm in the first half of 2013, market participants said.
OUTLOOK'13: Demand for eco-friendly plasticizers growing
The demand for eco-friendly plasticizers is poised to strengthen into 2013, tracking the recovery of the global macroeconomics environment and feedstock prices, industry sources said.
OUTLOOK '13: Melamine price trend unclear on uncertain markets
The price trends for melamine in the year 2013 remains unclear because of contrasting views on demand amid an uncertain global economic outlook, market sources said.
OUTLOOK ’13: Asian ECH producers expect slight recovery in prices
Asia-based epichlorohydrin (ECH) producers are mostly optimistic for the year ahead because of expectations of a recovery in ECH spot prices, which were widely said to have bottomed out following a steady decline since mid-May 2012.
OUTLOOK ’13: Asia ethanolamines prices to bottom out in early 2013
Asia’s ethanolamines prices are expected to bottom out in early 2013 because of an expected stabilising feedstock ethylene oxide (EO) price in China, tighter supply and a recovery of demand, market sources said.
OUTLOOK ’13: Asia acrylic acid, acrylate esters price trend unclear
The price trends for acrylic acid and acrylate esters markets in 2013 largely depends on the date when Japan’s Nippon Shokubai restarts its Himeji facility, industry sources said.
OUTLOOK ’13: Asia methanol seen rising as non-traditional use grows
Asia’s methanol prices may increase in 2013, underpinned by an expected strong demand growth from non-traditional applications in the key China market, industry sources said.
OUTLOOK ’13: Asian base oil demand to grow; volatility to continue
Base oils demand is expected to grow modestly in 2013 throughout Asia Pacific though price volatility will continue to be seen on the back of buoyant feedstock gasoil and fuel oil prices, market sources said.
OUTLOOK ’13: Isomer-grade xylene supply likely to tighten in Asia
The supply of isomer-grade xylene in Asia will likely be tight in 2013 because of additional demand from new downstream paraxylene (PX) units scheduled to start commercial production in the first half of the year, said market participants.
OUTLOOK ’13: South Asia PS demand to be steady despite firm prices
The demand for polystyrene (PS) in south Asia for this year is expected to be steady despite high prices for the product, regional producers said.
OUTLOOK ’13: Asian PET producers brace for another tough year ahead
Asia’s polyethylene terephthalate (PET) bottle chip producers are set for a challenging year ahead after suffering from squeezed margins and losses in the second half of 2012 and because of the overcapacity in the region, market sources said.
OUTLOOK ’13: Asia's acetic acid prices hinge on curbing of oversupply
Asia’s acetic spot prices may be bolstered in early 2013 by plant operating rate cuts whereas further price increase drivers are expected to arise mainly from unplanned plant outages as the market is fundamentally oversupplied, according to industry sources.
OUTLOOK ’13: Asia’s MEG to rise on fundamentals, speculations
Asia’s monoethylene glycol (MEG) prices are likely to rise in 2013 because of speculative trading due to expectation of tighter supplies and recovery of demand from downstream textile sector in China, industry sources said.
OUTLOOK ’13: Asian fatty alcohol players cautious on a few start-ups
The production capacity of fatty alcohols in Asia may grow by more than 30% in 2013, raising the prospect of a supply overhang in the next few years, industry sources said.
OUTLOOK ’13: Mideast solvents overshadowed by global economy
The Middle East solvents market is expected to witness a period of watchfulness and caution as a result of greater impact of the global economic slowdown on the region’s solvent trade.
OUTLOOK ‘13: Mideast PE pipe grade likely to be steady in Q1
Prices of pipe grade polyethylene (PE) in the Middle East are set to be stable in the first quarter of next year on the back of supply constraints, despite subdued demand, industry sources said.
OUTLOOK ’13: Mideast PVC growth to be slow on economic uncertainty
Middle East’s demand growth for PVC in the near-term is expected to be slow and dominated by restraints as end-users continue to maintain a wary approach amid the global economic uncertainty.
OUTLOOK ’13: Middle East PE, PP supplies to tighten in Q1 2013
The supply of polyethylene (PE) and polypropylene (PP) will tighten as the market enters 2013 because of a slew of ongoing and impending shutdowns at facilities in the Gulf Cooperation Council (GCC) region, market players said.
OUTLOOK ’13: High SM costs to affect PS demand in Mideast
The 2013 price outlook for polystyrene (PS) in the Middle East is bearish because feedstock styrene monomer (SM) costs are expected to remain high and affect the downstream demand, said producers.
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