Asian Petrochemicals: Key market indicators for May 9-13
The outlook for gasoline-related petrochemicals such as toluene, xylenes and MTBE remains relatively firm amid strong gasoline margins, while demand for most petrochemicals in key market China remains sluggish amid COVID-19 related lockdowns. Isomer-MX ** June demand appears firm this week as cargo supply is reduced amid turnaround at Japanese producer Taiyo Oil’s 700,000 mt/year isomer-MX capacity as well as…