Asia top stories- weekly summary

30 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 27 September 2013.
Focus: New northeast, south Asia ports seen to boost trades with China
New port projects in northeast and south Asia are expected to help the regions boost trades with China , but establishing these commercial links may be hampered by concerns over supply chain management and efficiency
Focus: Asia ABS offers rise $20/tonne; demand seen to weaken further
Offers for acrylonitrile-butadiene-styrene (ABS) in Asia increased by $20/tonne (€15/tonne) this week despite weak demand, as some producers attempt to improve margins amid continued price strength of main feedstocks for production
Focus: Asia SBR producers may cut October output as BD cost surges
Styrene butadiene rubber (SBR) producers in Asia may have to cut output next month to prevent losses from soaring costs of feedstock butadiene (BD), if they failed to raise their product prices
Focus:Asia naphtha heads south on ample supply, petchem uncertainties
Naphtha prices in Asia look set to fall further, with intermonth spread values turning weaker because of ample cargo availability and subdued spot demand during the week
Africa PP prices could roll over for October
Some producers of polypropylene (PP) for the African markets are targeting a rollover of prices from September into October

By: Staff Reporter
+44 20 8652 3214

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