Asia top stories – weekly summary

SINGAPORE (ICIS)–Here are the top stories from ICIS News Asia and the Middle East for the week ended 30 September 2022.

INSIGHT: Asia EVA to draw support from buoyant Q4 China photovoltaic demand projections
Asia’s ethylene vinyl acetate (EVA) market may draw support from the arrival of the traditional peak demand season for the footwear industry and easing constraints in the solar photovoltaic (PV) industries in China in the fourth quarter.

Asia’s glycerine demand slumps ahead of early October holidays in China, bearish sentiment
Asia’s glycerine demand has slumped as buyers retreat to the sidelines ahead of the upcoming China National Day holidays in early October.

INSIGHT: India PVC market weathers stormy first half, safeguard investigation begins
India’s polyvinyl chloride (PVC) market stabilised slightly in September, after having weathered a storm over the previous 12 months.

VIDEO: Long supply in near term puts pressure on China domestic BD market
Watch industry analyst Aviva Zhang discuss the China butadiene (BD) market, with the expectation of rising supply.

Asia petrochemical shares, oil slump on recession fears, strong US dollar
Shares of petrochemical companies in Asia were trading lower early Wednesday afternoon, with oil prices down by more than 1%, on demand concerns amid growing adverse global economic ramifications of a strong US dollar.

INSIGHT: High cost threatens Asia petrochemical output as regional currencies tumble
Asia’s petrochemical production is at risk of shrinking further as imported raw materials get more expensive each day that Asian currencies tumble to new lows.

PODCAST: Asian BD faces weak demand, mixed regional supply
In this podcast, ICIS editors Damini Dabholkar and Ai Teng Lim discuss recent developments and outlook for the Asian butadiene (BD) market.