PODCAST: Asian olefins to see support amid tighter supply, Panama congestion persists
Julia Tan
21-Feb-2024
SINGAPORE (ICIS)–Asia’s ethylene (C2) market saw supply tighten amid fewer volumes from the US in Q1 as a direct result of congestion at the Panama Canal.
Over in the Asian propylene (C3) markets, while arbitrage flows remain curtailed by high freight rates, some emerging interest has been gleaned in the market as regards moving Asian material westwards.
In this podcast, ICIS market editors Josh Quah and Julia Tan discuss Asia’s olefins flows, with a forward view on the March market.
- C2 sees support from constrained deep-sea supply
- NE Asia C2 and C3 outlooks for March
- Impact of shipping congestion on olefin trade flows
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