17 June 2013 04:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 13 June 2013.
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Focus: India’s acetone prices to rise in June on tight supply
Spot acetone prices in India are likely to rise in June on the back of limited availability of July-shipping cargoes.
Focus: Asia lures deep-sea methylene chloride on weak EU, US markets
Focus: Asia naphtha price differentials may worsen on long supply
Excessive cargo availability will continue to weigh on the Asian naphtha market, raising the possibility of a further decline in premiums on spot transactions, and a swing to discounts on some deals.
Focus: Vietnam mulls 3% PP import tariff; Mideast, India to take hit
Vietnam is looking at introducing a 3% duty on polypropylene (PP) imports, raising concerns among domestic converters of a potential supply shortage as the country is a net importer of the polymer.
Focus: Poor demand, ample supply to cap Asia benzene upside
Focus: Asia toluene outlook bleak on high inventory at end-markets
Asia's spot toluene market is on its seventh trading day of price decline on Friday, with no recovery expected in the near term as most end-markets are saddled with high inventory.
Focus: India SBR tumbles on rupee plunge, dismal auto sales
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