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Export demand remains weak  | Overall fundamentals still unchanged

Export demand remains weak | Overall fundamentals still unchanged

Mar 17, 2023

- Export demand remains weak- Overall fundamentals still unchanged



On March 16, China's domestic
consumption saw slight improvements, but export demand remained weak. Traders said that although
downstream demand in China was weak, there was some improvement in domestic
consumption. A trader in China stated that
export demand has not yet turned around completely. The trader said that while domestic consumption is
increasing, export volumes are declining. Sources
said that China's economic recovery will depend heavily on its export demand. Traders also stated that the fundamentals of the aromatics
market are largely unchanged at this time. Sources say that market participants are watching the US
driving season for demand for aromatic blending, which could lead to higher
prices. A trader from Singapore stated
that there has not been a strong flow of products from Asia to West...

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