Wednesday, June 16, 2010

Cuts in operating rates at Asian crackers to support the region’s ethylene market

Speculation on the direction of Asia’s spot ethylene market is dominated by the possibility of cuts in operating rate by cracker operators in the region, as per Chemorbis. Though some sellers anticipaate the market to find support from lower operating rates, another school of thought predicts a further downtrend as new capacities start up.

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