Asia top stories – weekly summary
ICIS Editorial
16-Oct-2017
SINGAPORE (ICIS)–Here are some of the top stories from ICIS Asia and the Middle East for the week ended 13 October 2017.
Asia
BD buy-sell gap widens amid lacklustre
trade
A wide buy-and-sell gap has hampered trades in
the Asian butadiene (BD) market this week amid
lackluster post-holiday demand.
Asia
ABS discussions fall on weak upstream
markets
Spot acrylonitrile-butadiene-styrene (ABS)
prices in Asia were discussed at lower levels
this week, and may continue to stay subdued in
the coming weeks if related upstream markets
remain limp.
China
acetic acid hits 33-month high on tight
supply
China’s acetic acid surged to their 33-month
highs and look set to continue rising, driven
by strong downstream demand and tight spot
availability in the domestic market, industry
sources said.
Asia
EPS under pressure amid soft demand, weak
upstream market
Spot expandable polystyrene (EPS) prices in
Asia are coming off, and may decline further in
coming weeks if both upstream values and demand
fail to recover, market participants said on
Thursday.
India
SBR faces downward pressure on BD, SM slump,
weak NR prices
India’s styrene butadiene rubber (SBR) prices
may fall further in the near term because of
recent sharp falls in costs of feedstocks
butadiene (BD) and styrene monomer (SM), and
amid market weakness in rival product natural
rubber (NR).
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