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China holiday-travel curbs dampen petrochemical restocking

2021/01/25

SINGAPORE (ICIS)--Petrochemical restocking in China this year will not be strong as in the past as the usual heavy manufacturing disruption that accompanies the Lunar New Year holidays may not happen, with travel curbs in place to ward off another wave of coronavirus infection in the country. Migrant labourers will…

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INSIGHT: Resilient US economy, stimulus set to boost chemicals demand in 2021

2021/01/22

NEW YORK (ICIS)--The US economy is heading into 2021 in…

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Europe PET, PTA tightness continues as market fears logistics woes could persist

2021/01/22

LONDON (ICIS)--Polyethylene terephthalate (PET) and upstream purified terephthalic acid (PTA)…

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Petrochemicals to recover slowly after coronavirus outbreak

China is the world’s biggest net importer of polyethylene (PE), polypropylene (PP), paraxylene (PX), and monoethylene glycol (MEG). Restrictions linked to the coronavirus outbreak have caused China’s chemical industry to suffer a 15-25% slump in demand during February. What will the impact be on these and other chemical markets?

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