Focus article by Truong Mellor
LONDON (ICIS)--Players in the European styrene market are expecting the market to see an upturn in both demand and pricing by April, sources said on Monday, with the combination of seasonally stronger offtake from the construction sector and supply limitations both in Europe and Asia supporting an upturn.
While there has been a recent glimmer of downstream demand recovery seen already this month, spot levels remain structurally low and activity thin overall.more >>
INSIGHT: Expect tough competition in downstream chems - HSBC
“An estimated 80% of the growth potential estimated by financial analysts for developed market players in emerging markets is under threat.” more