Asia top stories: weekly summary

04 November 2013 00:00 Source:ICIS News

SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 1 November 2013

Focus: NE/SE Asia methylene chloride may weaken on tepid demand
Methylene chloride spot prices in northeast and southeast Asia may fall in the coming weeks as demand continues to be weak, and with the key China market saddled with high inventory of the material

Focus:  Asia naphtha to stay buoyant on tightening supply, firm demand
Asia's naphtha prices are likely to remain buoyant in response to tightening supply and firm demand in the region

Focus: Impact from China PDH start-ups seen kicking in from H2 2014
The impact of new propane dehydrogenation (PDH) units in China on the Asia’s propylene market may kick in from the second half of 2014 as operations take time to stabilise and amid tight supply in northeast Asia next year

Focus: Middle East LDPE cargoes head to China to chase higher prices
Availability of low density polyethylene (LDPE) in the Middle East has been tightening as regional producers are allocating more volumes to China, where prices of the polymer are higher

Focus: Africa PE producers target November price rollovers
Producers of polyethylene (PE) for the African markets are starting to announce their November price offers, with at least two targeting price rollovers

By Staff Reporter