PODCAST: Capacity boom to test China propylene market resilience
SINGAPORE (ICIS)–China’s propylene prices fell sharply in the second half of October due to increased supply, especially in the Shandong market.
In this episode of the ICIS Asia podcast, Jady Ma speaks with Doris He, ICIS China analyst for the propylene market, on recent trends and outlook following an intensive round of new capacity start-ups.
- Temporary regional supply-demand imbalance
- Participants show concerns over start-ups of new capacities
- Strong market resilience in the long run
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