The economy of the ASEAN+3 region is expected to remain resilient despite heightened global risks and stronger external headwinds, said the annual regional economic outlook report released on Wednesday by the ASEAN+3 Macroeconomic Research Office (AMRO). SEE MORE “Since the beginning of the year, prices for grade-553 silicon have been weakening – this despite southern Chinese producers cutting production during the traditional dry season from May to October due to [higher] hydroelectric costs,” a delegate told Fastmarkets on the sidelines of the conference, held in Guizhou, China. SEE MORE Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States. SEE MORE Iranian urea producers are expected to struggle further to export the fertilizer after the US ended waivers on sanctions, and are focusing on non-traditional markets to place product. SEE MORE Asia’s butyl acrylate (butyl-A) spot prices were largely stable but a softening domestic market in China is weighing on regional trading sentiment. SEE MORE