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Demand for petrochemical products in the Middle East is mixed

 Last Update: 2021-11-13
 Source: Internet
 Author: User

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Sinochem News recently, according to news from AXIS Singapore, as the Middle East gradually recovers from the impact of the peak of the epidemic, the Middle East petrochemical market has mixed demand for key petrochemical products

Due to the impact of the epidemic on consumption, raw material prices, supply chain disruption, and extremely high freight rates, the demand for some bulk petrochemical products remains weak

Market demand for base oils and polymeric diphenylmethylene diisocyanate (PMDI) remains weak

In the polystyrene market, because of the high freight rates in Asia, buyers in the Eastern Mediterranean market are hesitant to book Asian goods, and the arrival of this material is unpredictable

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