Asia Chemical Prices Mostly Steady

Naphtha prices rose from USD 845.0-847.0 to USD 855.0-857.0 on rising crude oil and increased demand. The supply is tight at the moment and is expected to remain tight due to high demand for derivatives. Ethylene maintained at USD 1140-1150. Prices are expected to be firm for the next few weeks due to tightness in naphtha supply. Propylene moved down from USD 1250-1260 to USD 1240-1250 on lower demand. Benzene price levels remained at USD 990-1000 but there are signs that prices will move northward due to lower availability. Styrene moved up from USD 1280-1290 to...

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