[comment] Gade chemical chemical network recently, some market participants said that this year the Asian ethylene supply will remain tight pattern.
Asian ethylene cracking “small maintenance” is still not enough to balance Japan Asahi Mizushima 500 thousand tons / year cracker off caused by the loss of productivity, by the continuous integration of Japanese petrochemical industry this year, Japan ethylene exports are expected to decrease compared with 2015 levels. The other major Asian suppliers in South Korea this year increased domestic consumption, exports are also expected to reduce the amount of ethylene.
At the same time, Singapore shell cracking unit of force majeure and extended downtime, Middle East ethylene exports might continue to maintain a low level. The influence of various factors, the end user may be more dependent on Asia from Europe North America ethylene vinyl arbitrage cargo, products will also increase export opportunities.
barium hydrogen carbonate |