Asian Solvent MX Thailand cracker turnaround decreases
supply- Insufficient
Sep Arrival Cargoes to Destinations- Also,
very lowAsian solvent-MX was valued at $4.50-5.50/mt
higher on the week, and $987-1011/mt FOB Korea on August 19. Asia Solvent MX prices
were higher week-on-week due to less availability. However, the SCGC Thailand
announcement of a turnaround at their ROC cracker this Wednesday has further
reduced Asian supply. Sources claim that
September arrival cargoes have become almost non-existent in destinations
markets such as India and Southeast Asia. However, South Korea's September
cargoes remain very scarce. A source said
that the demand for cargoes in Thailand and Vietnam was very low, while another
trader believed there was still a lot of cargo available for the Vietnamese
market. A source said that there was a
delay between October and September arrival cargoes due...