PODCAST: APIC ’24: Asia olefins up against upstream volatility, growing supply

Damini Dabholkar

07-May-2024

SINGAPORE (ICIS)–Asia’s olefins brace for headwinds amid sustained weak demand in May, although some support is expected from curtailed supply in China. Lengthening supply from South Korea could continue to weigh on the market’s outlook as it navigates upstream volatility amid tensions in the Middle East.

  • Asia’s olefins market to see increasing supply from South Korea in May
  • Relatively low PDH run rates could lend support to NE Asia C3
  • Poor demand weighing on Asia C2 amid multiple supply options for June arrivals

In this chemical podcast, ICIS editors Julia Tan and Josh Quah discuss recent market conditions with an outlook ahead in Asia.

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