Asia top stories: weekly summary
ICIS Editorial
30-Dec-2013
SINGAPORE (ICIS)–Here are some of the top stories from ICIS
Asia and the Middle east for the week ended 27 December
2013.
(Please click on the link to read the full
text)
OUTLOOK ’14: Asia’s naphtha supply to rise,
demand to stay firm
Asia’s naphtha market is likely to be mired in rising supply
next year, with regular, ample flows of cargoes from the West
and the start-up of a few new splitters adding further
downward pressure
OUTLOOK ’14: Asia methanol demand to strengthen
on new uses
The
estimated growth of 4m-5m/tonne year in Asia’s methanol
demand and the increased shipping costs are expected to
continue supporting a general increase in prices in
2014
OUTLOOK ‘14: Asia’s styrenic resin faces
uncertainty in early 2014
The Asian styrenic resin market appears set to be entering an
uncertain period in the first half of 2014, because of weak
demand and rising feedstock costs in 2013
OUTLOOK ’14: Asia caustic soda to remain
largely stable in Q1
Asia’s liquid caustic soda spot prices are expected to remain
largely stable in the first quarter of 2014 on the back of
snug availability of Asia-origin spot cargoes despite
persistently lacklustre downstream demand
OUTLOOK ’14: Asia base oils producers brace for
tough year ahead
Asian base oils producers are preparing to face significant
challenges in 2014 as new capacities come on stream
globally, putting further pressure on already tight margins
for refiners
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