Asia top stories: weekly summary

16 December 2013 00:00 Source:ICIS News

SINGAPORE (ICIS)-- Here are some of the top stories from Asia and the Middle East for the week ended 13 December 2013.

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Focus: Asia naphtha crack spreads to improve on strong petchem demand
Asia naphtha’s crack spread values are likely to strengthen, buoyed by firm petrochemical demand in the region

Focus: China methanol futures trade volume to stay high on snug supply 
Trading volumes at China’s methanol futures market are likely to stay high after posting a big increase in November amid a surge in domestic prices of the product on snug import supply

Focus: Tight supply supports uptrend in Asia MEK prices
Spot methyl ethyl ketone (MEK) prices in Asia may continue rising this month on the back of tight regional supply despite the year-end lull in demand

Focus: Weak demand to cap India PVC January price discussions
Weak demand for polyvinyl chloride (PVC) in India is likely to cap price discussions for January shipments, with offers from major suppliers of imported material expected to be announced later this month

By Staff Reporter