23 September 2013 00:00 [Source: ICIS news]
Here are some of the top stories from ICIS Asia and the Middle east for the week ended 20 September 2013.
Focus: Asia MMA rises on cost pressures; weak PMMA demand to cap gains
Spot methyl methacrylate (MMA) prices in Asia increased for a second consecutive week, largely driven up by cost pressures, but further gains likely to be capped by weak demand from downstream polymethyl methacrylate (PMMA) sector
Focus: China PE, PP may fall after holidays on inventory build-up
China is expected to be saddled with high inventory of polyethylene (PE) and polypropylene (PP) that will likely exert downward pressure on prices when market players return from the holidays in the second week of October
Focus: Asia BD may extend gains; plant start-up delays tighten supply
Spot butadiene (BD) prices in Asia are set to rise further in the near term as delays in start-up of new plants led to a tighter-than-expected supply in the market
Focus: Asia MEK to strengthen on reduced supply, high feedstock costs
Spot methyl ethyl ketone (MEK) prices in Asia are likely to continue their uptrend on the back of tight supply and high feedstock costs amid stable demand
Africa polypropylene market awaits October offers
Business in the African polypropylene (PP) market is muted while buyers await the announcement later this month of producers’ October price offers, participants said on Wednesday
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