Home Resources 2024 APAC Aromatics Midyear Outlook
Home Resources 2024 APAC Aromatics Midyear Outlook
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2024 APAC Aromatics Midyear Outlook

The Asian benzene market is facing a challenging second half of 2024, with supply increasing as demand softens following the peak maintenance season and the end of the US gasoline blending period. Meanwhile, the styrene market remains under pressure from high feedstock costs and weak downstream demand, leading to squeezed margins and uncertain prospects for recovery. Read on for more insights on how the rest of the year might pan out.

  • Asia benzene H2 24 demand to dwindle amid supply restorations
  • China H2 benzene supply to grow; players cautious on demand recovery
  • Asia SM demand to stay weak; China export prospects uncertain
  • China SM to face squeezed margins, export headwinds in H2

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