Middle East Polyol Podcast
PODCAST: Asia, Mid East polyols eye demand improvement after lull
SINGAPORE (ICIS)–In this podcast, ICIS editors Jasmine Khoo and Damini Dabholkar discuss recent developments and the outlook for the Asian and the Middle Eastern polyether polyols markets.
The Asian and Middle Eastern polyether polyols markets observed significant price declines in late 2021, with demand poised to strengthen going forward into March amid restocking activities and recent upstream price gains.
- Upstream propylene oxide (PO) and polyols yuan prices plunged in late 2021
- Competitively-priced Chinese origin cargoes offered to regional markets
- Mideast polyols demand stayed subdued in Dec 2021
- Recovery in PO yuan prices to potentially reflect on H2 Feb, H1 Mar Mideast offers