Asia top stories: weekly summary

02 December 2013 00:00  [Source: ICIS news]

SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 29 November 2013

Focus: China rations domestic sales of LNG imports as winter bites
China has started rationing spot sales of imported liquefied natural gas (LNG) in the domestic market as part of efforts to battle a gas supply shortage expected this winter season

Focus: Singapore Group I base oils set to fall on poor demand
Singapore’s benchmark prices for Group I base oils look set to fall in the coming weeks as buying sentiment is weak amid ample supply

Focus: Asia ABS sellers hike prices to shore up margins; demand weak
Acrylonitrile-butadiene-styrene (ABS) suppliers in Asia appear determined to hike prices to keep a healthy margin in the face of rising feedstock costs, although demand is still in doldrums

Focus: Iran PE exports to China may not grow but unlikely to shrink
Iran may not shore up its polyethylene (PE) exports to China in the near term, with access to the more lucrative Europe market likely to open up once the international sanctions on the Middle East country are fully lifted

India offers Iran port, fertilizer investments after nuclear deal
India has offered to Tehran that it would partly fund the expansion of the Iranian port at Chabahar, on the coast of Gulf of Oman, which is to be linked to a proposed petrochemical hub in the region

By: Staff Reporter
+44 20 8652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly