• Episode 1175: PODCAST: Weak demand expected for both Asia C3 and downstream PO

  • May 9 2024
  • Length: 6 mins
  • Podcast
Episode 1175: PODCAST: Weak demand expected for both Asia C3 and downstream PO By cover art

Episode 1175: PODCAST: Weak demand expected for both Asia C3 and downstream PO

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  • Summary

  • SINGAPORE (ICIS) -- Asia's propylene (C3) market will continue to see weak demand, although potentially curbed run rates in China amid weak margins could lend support.
    Downstream, China’s propylene oxide (PO) import demand may continue to be adversely impacted by domestic Chinese start-up capacities, while demand in the main downstream polyols sector is unlikely to recover in Q2.

    • South Korea June-loading C3 volumes likely to increase month on month
    • Domestic Chinese start-up capacities keep domestic supply lengthy, hamper import demand
    • Global PO supply excluding China remains tight, downstream polyols likely muted in Q2

    In this chemical podcast, ICIS editors Julia Tan and Shannen Ng discuss trends in the Asian C3 and PO markets.
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Economics
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