Asia top stories: weekly summary

07 April 2014 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  4 April 2014.

Focus: Asia’s ACN prices to remain under pressure on weak demand
Asia’s acrylonitrile (ACN) prices are likely to remain under downward pressure, after falling by over 3% in March on the back of falling feedstock prices and slower-than-expected demand

Focus: China high-viscosity Group II base oils to rebound in Q2
The prices of high-viscosity Group II base oils in China are expected to rebound in the second quarter of 2014, supported by demand growth during the seasonal consumption peak of March-May

Focus: Asia ABS firms up on demand but market participants cautious
Asia acrylonitrile-butadiene-styrene (ABS) prices are firming up in April as demand grows but no sharp increases are expected,

Focus: Asia SBR price uptrend likely in April but NR may cap upside
Asia styrene butadiene rubber (SBR) prices may face upside potential in  April, following the rebound in the feedstock butadiene (BD) prices, but the upside may be capped by the soft natural rubber (NR) prices,

Focus: Mideast polyols prices expected to fall further after 3-month high
Spot flexible polyols prices in the Middle East, including the Gulf Cooperation Council (GCC) area, fell for the first time since late 2013 during the week ended 3 April and may fall further

By Staff Reporter