Thermoplastic polyolefins (TPO) market size is set to reach US$4.08 bln by 2023, as per a report by Global Market Insights, Inc. Increasing market penetration of TPO across medical applications is anticipated to drive market over the forecast period. SEE MORE China’s polypropylene (PP) imports from South Korea are likely to fall in the near term amid diplomatic tensions between the two countries, industry sources said. SEE MORE Sentiment is bearish across Asian aromatics and olefins markets this week, carrying forward the downward trend seen last week due to ample supply and weak demand in China. Falling crude oil added to the downward pressure on prices. SEE MORE Oil settles at the lowest level since November as record U.S. crude inventories and a boost in drilling activity threaten OPEC’s efforts to reduce a global glut. SEE MORE A bearish report from the EIA, particularly the inventory data and an output forecast which predicts U.S. production rising to a level not seen since 1970 SEE MORE