Asian
Propylene: Low PP Demand-  Thailand’s
SCG Chemicals plans to restart a naphtha-fed steamcracker in Dec or January-  Weak
downstream demand for PP weighsAsia's
propylene market fell Nov. 4 because of weak demand for
polypropylene. According to market source, propylene buyers are
suffering from a PP supply glut. This is due to weak international market
demand. According to market sources, buying indications in the dollar
markets fell week-on-week as Chinese domestic markets declined. This is because
suppliers are struggling to sell in the face of weak international demand.Asian
Propylene Daily Rationale









Propylene
CFR China was down $10/mt today at $830/mt Nov. 4, reflecting weak demand and
reflecting the fall of domestic values. Japan was also assessed at $825/mt FOB
Japan. This maintains the $5/mt spread between China, Japan and China. Southeast
Asia was given at $820/mt...