By Malini Hariharan Asian butadiene prices are once again on their way up, rising over 20% in the last two weeks. Prices last week were at $1,900/tonne cfr Northeast Asia, up from a low of $1,500-1,600/tonne cfr Northeast Asia in the week ending 11 November, reports ICIS news. And offers have crossed the $2,000 mark […]
Asian Chemical Connections
India PO demand set to decline
By Malini Hariharan The last two weeks has seen a recovery in Indian polyolefins demand led by developments in China. Prices of PE and PP have risen sharply and traders expect the uptrend to continue for the next couple of weeks as converters need to rebuild depleted inventories. But unless buying can be sustained in […]
SBR under pressure on China slowdown
By Malini Hariharan Styrene butadiene rubber (SBR) prices, which have nearly doubled over the last year, may be heading for a much needed correction. The strength in feedstock butadiene markets and strong demand from the automotive sector have so far helped support the high numbers. But a key concern is that China’s tightened monetary policy […]
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