{"id":2428,"date":"2016-10-18T18:04:09","date_gmt":"2016-10-18T18:04:09","guid":{"rendered":"http:\/\/polymers.com.ua\/?p=2428"},"modified":"2016-10-18T18:04:09","modified_gmt":"2016-10-18T18:04:09","slug":"the-market-situation-in-asia-and-kazakhstan-polymers","status":"publish","type":"post","link":"https:\/\/polymers.com.ua\/en\/the-market-situation-in-asia-and-kazakhstan-polymers\/","title":{"rendered":"The market situation in Asia and Kazakhstan polymers"},"content":{"rendered":"

\"\"<\/a>In Kazakhstan, the market of polyethylene – a stable situation<\/p>\n

In the second decade of October in Kazakhstan sales LDPE low. Stocks have sufficient trading companies. Consumer activity remains moderate. The demand is slightly lower than at the end of September. Film Polymer brand more in demand than shrink. Exchange rate fluctuations of tenge against the ruble continues to have a significant impact on the market prices of LDPE. Against the background of the revaluation of the national currency and low demand polyethylene value gradually decreases.<\/p>\n

In Asia, demand for LDPE in the near future will grow<\/p>\n

Reduction of the polymer in the region due to low consumer activity due to holidays in China. The demand in Southeast Asia was
\nmoderate. Market players said that this week, consumer activity in the region has grown. That in the near future, participants are expected to be actively replenish stocks, as price increases are expected in November (in October once again increased the price of ethylene.) In addition, in November, will host a meeting of OPEC on oil production cuts. In the case of a favorable outcome, the decision will contribute to the growth of raw materials prices.<\/p>\n

Ethylene prices have fallen in Asia<\/p>\n

Ethylene in Asia became cheaper during September. On October 6, a ton olefin offered an average of $ 1,050 CFR Northeast Asia, that is $ 135 less than at the beginning of last month. Quotes ethylene declined against the backdrop of ample supplies of imported product on the market in Asia and growth in olefin regional producers. In late September, it was completed scheduled maintenance work on \u00abFormosa Petrochemical\u00bb companies, \u00abJX Nippon Oil & Energy\u00bb, \u00abSinopec Tianjin Sabic\u00bb and \u00abTianjin Petrochemical\u00bb. It should be noted that in some plants September stopped operation for various reasons. In \u00abPetrochemical Corp of Singapore\u00bb at the beginning of the month was closed for unscheduled repairs cracker \u21162 because of technical faults. The company resumed production after a week. The company \u00abShell\u00bb discontinued operation cracker Buck Island (Singapore) for the same reasons. \u00abShell\u00bb was forced to declare force majeure on the supply of basic petrochemical products. According to preliminary estimates of market players, the company, the company will be idle for about three weeks. In \u00abIdemitsu Kosan\u00bb September 9, scheduled shut down to repair the cracking plant in Tokuyama (Japan). It is expected that the repair work will continue until mid-November. The annual ethylene production by the company is 625 thousand. Tonnes. In addition, on October 6, CPC Taiwan company closed cracker \u21164. The company has suffered from a typhoon in September and will be idle for two weeks.<\/p>","protected":false},"excerpt":{"rendered":"

In Kazakhstan, the market of polyethylene – a stable situation In the second decade of October in Kazakhstan sales LDPE low. Stocks have sufficient trading companies. Consumer activity remains moderate. The demand is slightly lower than at the end of September. Film Polymer brand more in demand than shrink. Exchange rate fluctuations of tenge against […]<\/p>\n

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