Asia top stories - weekly summary

18 February 2013 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 15 February 2013.

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Focus Indonesia PME heads to US; EU clamps down on biodiesel imports
Indonesia may opt to ship out more palm methyl ester (PME) cargoes to the US in the coming months, as Europe – the southeast Asian country’s biggest market for the product – has effectively restricted imports of biodiesel, industry sources said on Wednesday.

Focus Asia BR may rise in March on soaring feedstock BD costs
Spot butadiene rubber (BR) values in Asia look set to increase in March, largely on cost-push factors as prices of feedstock butadiene (BD) continued to rise, industry sources said on Thursday.

Focus Asia PMMA seen weak in February on weak demand
Asia’s general purpose (GP) polymethyl methacylate (PMMA) market is likely to remain lacklustre in February because of weak demand amid closure of the key China market for the Lunar New Year holiday, industry sources said on Thursday.

Focus Asia MMA’s strong gains likely capped on languid demand
Strong gains in Asian methyl methacylate (MMA) prices are likely to be capped despite high feedstock costs because of languid demand and fresh supply of the material, industry sources said on Friday.

By: Staff Reporter
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