Asia top stories: weekly summary

13 January 2014 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 10 January 2014.

OUTLOOK '14: Asia benzene to trade at tight range in Q1
Spot benzene prices in Asia may see limited movement in the first quarter amid a clash of bullish and bearish factors in the market

OUTLOOK '14: Asia MA may retreat on butane price correction
Spot prices of maleic anhydride (MA) briquette may fall in the first quarter after surging in December 2013, in line with the decline in cost of feedstock butane

OUTLOOK’ 14: New PX capacity to constrain spot Asia toluene supply
Spot availability of toluene in Asia will be limited this year given the massive capacity of downstream paraxylene (PX) - totalling 6.47m tonnes - that will come on stream largely in the second half of 2014,

Focus: China amines gain ground on festive stockpiling, tighter supply
China’s amines prices may increase in the weeks leading to the Lunar New Year holidays – which will kick off at the end of January – as end-users are stockpiling the products amid tightening supply

Interview: Asia C2 supply overhang to stay for years: ExxonMobil exec
Asia may remain beset with ethylene overcapacity for years, with new supply coming from a host of ongoing petrochemical projects within the region, as well as from those in the US that were propelled by the shale gas boom

By Staff Reporter