Asia



1. Intra.NE.Asia: The week was shortened by
Business as preparations for
CNY began. Although there are still attempts to
fix 10,000t PX Korea/China slugs for January loading, there is not much tonnage. Mailiao/Ulsan
has again quoted Styrene parcels and somebody is trying to fix 16,500t base
oils Yosu.Rugao, and Zhenjiang. Ben- Zene Daesan/Tianjin and
Inchon/Ningbo were quoted for SH February- ruary and MX Korea/Ningbo.2. Asia/Southbound : The markets also took a break from mid-week. MTBE is still being worked in February. There
has also been caustic. It is believed that a cargo of sulphuric acids
may have brought China/Obi Island back to life in the $40s/t range. Some
familiar requirements such as C5NAR and butac, base oils, ethanol, and ethanol
have all been met. Methanol is still being quot-ed from Basuo to
Qinzhou to destinations within SE.Asia. 8,000t...