Asian Ethylene: Prices stable amid persistentmarket
uncertainty- Unhealthy margins in
downstream markets- Uncertainty on volatile
upstream marketsPrices for some downstream products such as
styrene monomer fell this week, and we are expecting to cut production if the
situation persists. Pricesfor some downstream products
such as styrene monomer wentdown this week, and we are expecting to cut
production if thesituation persists," a buyer from Northeast Commodity
Insights.Additionally, selling sentiments remained firm due tovolatile upstream
markets. The price volatility of naphtha is a major
problem for producers. I can understand the negative buying sentiment, but it's
difficult to do so because of the volatile prices. This
dichotomy of buying and selling expectations is likely to persist until
fundamentals change," said a producer in Northeast Asia. The C+F Japan
Naphtha Marker was down $3.25/mt from the...