SINGAPORE (ICIS)--Click here to see the latest blog post on Asian Chemical Connections. The collapse of crude prices in 2014 came at a great time for the Asian steam cracker industry as it occurred at a time when polyethylene (PE) supply and demand balances were tight, enabling PE producers to hold on very well to PE pricing as naphtha feedstock costs. Next year could be different.
Editor’s note: This blog post is an opinion piece. The views expressed are those of the author, and do not necessarily represent those of ICIS.