Asia top stories – weekly summary
ICIS Editorial
22-Mar-2021
SINGAPORE (ICIS)–Here are the top stories from ICIS News Asia and the Middle East for the week ended 19 March 2021.
Asia petrochemical shares tumble as oil futures
plunge 7% overnight
Asia petrochemical shares were trading lower on
Friday after crude oil suffered its worst
one-day plunge overnight on concerns that
stalling vaccine roll-outs globally will dampen
demand.
Petrochemical supply constraints prevail in
China amid demand recovery
Supply constraints prevail in China’s
petrochemical markets, proving particularly
challenging for polymers, which are dogged by
limited domestic production, plant shutdowns in
the Middle East and a global scramble for
cargoes.
China BPA hits new record high amid supply
constraints, strong demand
China’s spot bisphenol A (BPA) import prices
hit a fresh record high on the back of good
demand amid supply constraints.
PODCAST: China polyolefins supported by global
recovery, tight supply
ICIS senior reporter Nurluqman Suratman speaks
with senior analyst Joey Zhou to discuss the
factors supporting China’s polyolefins market.
VIDEO: China SM demand weighed by high prices
following outages
Watch industry analyst Tina Zhang discuss
China’s domestic styrene market which have been
weighed by the surge in international prices
following several production outages in Europe
and the US.
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