Asia top stories: weekly summary

21 October 2013 00:00  [Source: ICIS news]

Here are some of the top stories from ICIS Asia and the Middle east for the week ended 18 October 2013.

Focus: China PP may extend gains on tight supply
Spot prices of most polypropylene (PP) grades in China may continue to rise in the coming weeks because of tight supply, as some major facilities are running at reduced rates

Focus: Asia SBR to remain buoyant into November on strong BD prices
Spot styrene butadiene rubber (SBR) prices in Asia may remain buoyant for the rest of the month through to November, largely on cost-push factors as demand from downstream tyre makers will soon taper off

Focus: Asia BG may extend falls on lower feedstock cost, supply gain
Spot butyl glycol (BG) prices into China may extend a decline on the back of lower feedstock costs and weaker supply-demand fundamentals

China Q3 economy expands 7.8% on year; Jan-Sept C2 output up 6.4% 
 
China’s economy expanded at a faster annual rate of 7.8% in the third quarter, from a 7.5% clip in the previous three months, backed by higher manufacturing output

Outlook for Africa PP, PE markets appears uncertain
The outlook for the African polyethylene (PE) and polypropylene (PP) markets appears uncertain this week, with participants having different ideas regarding prices in the coming weeks

 


By: Staff Reporter
+44 20 8652 3214



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