Asia top stories - weekly summary

16 October 2017 02:00 Source:ICIS News

SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle East for the week ended 13 October 2017.

Asia BD buy-sell gap widens amid lacklustre trade
A wide buy-and-sell gap has hampered trades in the Asian butadiene (BD) market this week amid lackluster post-holiday demand.

Asia ABS discussions fall on weak upstream markets
Spot acrylonitrile-butadiene-styrene (ABS) prices in Asia were discussed at lower levels this week, and may continue to stay subdued in the coming weeks if related upstream markets remain limp.

China acetic acid hits 33-month high on tight supply
China’s acetic acid surged to their 33-month highs and look set to continue rising, driven by strong downstream demand and tight spot availability in the domestic market, industry sources said.

Asia EPS under pressure amid soft demand, weak upstream market
Spot expandable polystyrene (EPS) prices in Asia are coming off, and may decline further in coming weeks if both upstream values and demand fail to recover, market participants said on Thursday.

India SBR faces downward pressure on BD, SM slump, weak NR prices
India’s styrene butadiene rubber (SBR) prices may fall further in the near term because of recent sharp falls in costs of feedstocks butadiene (BD) and styrene monomer (SM), and amid market weakness in rival product natural rubber (NR).

By Staff Reporter