Asia top stories - weekly summary

06 November 2017 01:00 Source:ICIS News

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

GCC TDI prices jump to fresh record highs on tight supply
Spot import prices of toluene di-isocyanate (TDI) to the Gulf Cooperation Council (GCC) increased for the second consecutive week to hit fresh record highs on the back of tight supply.

Sadara PMDI heard sold in Saudi Arabia amid record high prices
Sadara Chemical has made its initial foray into the Middle Eastern isocyanates market, with cargoes of polymeric methyl di-p-phenylene isocyanate (PMDI) heard sold in Saudi Arabia amid record high prices.

INTERACTIVE: SE Asia manufacturing improves marginally in Oct
Southeast Asia’s manufacturing conditions improved marginally in October amid further expansions in output and new orders but supply chain delays amid reports of raw material shortages may impact future output, analysts said on Thursday.

Spot LAB Middle East prices face upward pressure
Spot linear alkylbenzene (LAB) Middle East prices are under upward pressure due to strong demand from customers in Europe and Central America, amid tight supply and rising feedstock costs.

Sadara PMDI heard sold in Saudi Arabia amid record high prices
Sadara Chemical has made its initial foray into the Middle Eastern isocyanates market, with cargoes of polymeric methyl di-p-phenylene isocyanate (PMDI) heard sold in Saudi Arabia amid record high prices.

China SM ADD probe to delay 2018 import contract negotiations
China’s ongoing anti-dumping investigation on styrene monomer (SM) imports from South Korea, Taiwan and the US may delay term negotiations for 2018, industry sources said.

By Staff Reporter