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Petrochemicals market news & analysis

Iran Sanctions: Global Energy Implications

May 09, 2018
US President Donald Trump's plan to leave the Iran nuclear deal and reimpose sanctions could have major impacts for global oil, natural gas, metals and petrochemical markets.
Factbox: Energy, metals impact of Trump's decision to reimpose Iran sanctions
Also in this feature
Analysis: An Iranian exodus could open more doors for US crudes in Europe
Analysis: An Iranian exodus could open more doors for US crudes in Europe
The potential reduction of Iranian crude into the European market as result of renewed sanctions will likely benefit US crude exporters, which have enjoyed an increasingly large share of that market, an S&P Global Platts analysis showed May 8.



News Headlines

Singapore (Platts)--18 Jun 2018 320 am EDT/720 GMT
Crude oil price movements and the upcoming meeting in Vienna on June 22 among OPEC members and other oil exporters are factors that will influence the performance of Asian petrochemical markets this week.
Singapore (Platts)--18 Jun 2018 251 am EDT/651 GMT
Japan's PVC production in May inched lower by 0.1% month on month to 124,048 mt, the Vinyl Environmental Council said in a statement Monday. Meanwhile, Japan's vinyl chloride monomer production in the month rose 8.2% from April to 214,643 mt, it added.
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Infographic

What's in store for global polyethylene and polypropylene out to 2027?

Worldwide polyethylene capacity is seen to grow from 108.3 million mt in 2016 to 150 million mt by 2027, with around 10 million mt of speculative capacity included into our forecasts post 2024. Platts Analytics expects production to grow from 93 million mt in 2016 to 133.6 million mt by 2027.


The Barrel Blog

October 05, 2017
Middle Eastern petrochemical companies are known for their lavish hospitality, but at a cocktail party organized by a major Saudi company in Berlin recently, the atmosphere was quite somber. A conversation with one of the hosts on the impact of shale gas went some way to explaining this.
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Podcasts

World's biggest industry will be slow to change, ex-BP chief says after Pope meeting
June 15, 2018
- Following a meeting of energy chiefs with Pope Francis in the Vatican, Britain's Lord Browne, former CEO of BP and current executive chairman of L1 Energy, tells S&P Global Platts that change in the world's biggest industry, oil and gas, will be a slow process.
Severe PET supply constraints cast cloud over nearing peak summer demand
May 30, 2018
- Europe's polyethylene terephthalate market is set to face a supply drought in the foreseeable future amid lingering scarcity of feedstock purified terephthalic acid in the region. Platts editors discuss the potential winners and losers.
What’s keeping naphtha afloat?
May 04, 2018
- S&P Global Platts light ends reporter Philip Reeder tells Joel Hanley why prices for versatile feedstock naphtha have remained strong while other refined oil products have not sustained the pace.
All Podcasts

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  • Methodologies
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Asia-Pacific Petrochemicals methodology

Published September 2016

The Asian Petrochemical Products Guide contains the primary specifications and methodologies for Platts Asian Petrochemical assessments.


Asia-Pacific Petrochemicals methodology



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