Episode 1195
Episode 1195: NE Asia propane-naphtha spread to widen again in Aug-Sept
SINGAPORE (ICIS)--Propane in northeast Asia is losing its advantage over naphtha as a cracking fe...
ICIS - chemical podcasts · ICIS - chemical podcasts
June 12, 20243m 31s
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Show Notes
SINGAPORE (ICIS)--Propane in northeast Asia is losing its advantage over naphtha as a cracking feedstock, but the spread is expected to widen again in August-September due to higher naphtha forecast prices.
- Propane price spread over naphtha below $50/tonne for the first time since end-January
- NE Asia propane firm on year-to-date high China PDH plants run rates
- Crackers using imported propane require about two months to evaluate feedstock economics
In this podcast, ICIS LPG analysts Yan Wang and Shihao Zhou discuss the current market dynamics and outlook.