PODCAST: Asian PP markets grapple with increased supply, lower-than-expected demand in 2023
Damini Dabholkar
20-Mar-2023
SINGAPORE (ICIS)–Asian polypropylene (PP) markets are being challenged by increasing capacity in 2023, especially in the China market, while demand continues to recover more slowly than expected.
In this chemicals podcast, ICIS editors Jackie Wong, Lucy Shuai and ICIS analyst Joey Zhou discuss recent market conditions with an outlook ahead in Asia.
- Asia PP supply to continue to rise in 2023 amid new capacities
- Increased supply may lead to lower operating rates in Asia
- PP demand may see further recovery in H2 2023, varying by industry
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