Demand in the East Mediterranean (East Med) polyolefin markets remains weak, with soft offtakes likely to extend into August. SEE MORE Asia naphtha prices spiralled lower in response to steep losses in global crude oil futures, while downbeat demand weighed on the market. SEE MORE Trump wants it to be cheaper. The IMF says it should be cheaper. Hedge funds think it has room to run. So what gives with the dollar?
Since the trade war between the world’s two largest economies erupted in March last year, the dollar has gained more than 3 percent against a basket of currencies. SEE MORE Asia's spot caustic soda ample supply since June on higher production run rates may get curtailed in the near term on narrowing of producers’ electro-chemical unit (ECU) margins. SEE MORE Domestic yuan-denominated prices of epichlorohydrin (ECH) turned south this week as the downside pressures of low demand finally outweighed the upside support from protracted supply constraints. SEE MORE