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2024 APAC Midyear Outlooks

Explore markets in H2 2024

Learn more about what’s in store for key markets in APAC for the second half of the year. Click the links below to explore the midyear outlooks and stay ahead in markets that matter most to you.

2024 APAC Aromatics Midyear Outlook

The Asian benzene market faces supply increasing as demand softens following the peak maintenance season. Meanwhile, the styrene market remains under pressure from high feedstock costs and weak downstream demand.

2024 APAC Base Oils Midyear Outlook

In the latter half of 2024, Asia’s base oils market is poised for moderate shifts. Demand in China is likely to recover, with a notable decline in imports. Demand in China is likely to recover, with a notable decline in imports.

2024 APAC Olefins Midyear Outlook

In H1 2024, Asia’s olefins landscape was marked by tight supplies and fluctuating prices across key markets. As new capacities loom and market dynamics evolve, the industry continues to navigate the delicate balance between supply constraints and demand shifts.

2024 APAC Plastics Midyear Outlook

The Asian plastics market is set for a turbulent second half of 2024, with polyethylene (PE), polypropylene (PP), and polyethylene terephthalate (PET) all facing unique challenges.

2024 APAC Recycled Plastics Midyear Outlook

Asia’s recycled plastics market faces a complex landscape, with uncertified recycled polyethylene (R-PE), recycled polypropylene (R-PP) and recycled polyethylene terephthalate (R-PET) facing different struggles or stronger prospects.

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