Tuesday, March 13, 2012

Cracker operators in Asia mull run rate cuts in March as margins get hit by hike in feedstock prices

Recent rise in price of feedstock naphtha has impacted margins of cracker operators in Asia. As a result, these cracker operators are considering a reduction in run rates in March as per ICIS. Ethylenne margins based on naphtha feed fell in NE Asia into negative territory during the week ended 2 March.

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