In this week's issue of ICIS Chemical Business:
May 28-June 3, 2012

Cover story

Recovery will be delayed for chemical shipping

The Asia bulk chemical shipping industry will be challenging through 2012 because of stagnated freight rates, increased operating costs and oversupply of vessels amid a poor global economic outlook for petrochemicals.

Freight rates for prompt shipments of feedstock and specialty chemicals across key Asian routes in 2011 were largely stable to soft, triggered by a weak export market with no signs of recovery observed in the first quarter of 2012.



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John Richardson - Asian Chemical Connections Blog
John Richardson’s Asian Chemicals Connections Blog looks at Asian and global commodity chemicals and polymer pricing trends, supply and demand, macroeconomics, energy and environmental issues.

Insight

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