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Asian Chemical Connections

Operating rate cuts the only option

By Malini Hariharan News of operating rate cuts is pouring in. Crackers in Japan, Taiwan and parts of southeast Asia have been running at reduced rates of 80-90% in October. But now there is also talk of rate cuts at crackers in South Korea. More importantly, a Sinopec source confirmed yesterday that the Chinese major […]

Buying resumes but will it last?

By Malini Hariharan A spurt in polyethylene (PE) and polypropylene (PP) buying in China over the last few days has raised hopes among sellers that the market has bottomed out and prices should rise in the coming weeks. After hand-to-mouth buying for the last three months buyers are said to be replenishing stocks which should […]

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