- Market Overview
- Strategic Analysis
- Key Features
Market Overview
Duration: Short-term – 2-year price forecast and market outlook
It has always been known that gasoline has a strong influence on Aromatics products since both compete for the same raw feedstocks. However, the post COVID-19 recovery in demand has given a new definition to this relationship. Almost all aromatic products that can be blended into gasoline, have been pulled away into that market, even within the Asian region. For several products, this has been a silent boon, helping manage the overcapacity in the market.
Operating rates for most products were also long forecasted to touch their lowest levels in 2023, following the culmination of the capacity build cycle that started in 2018. The demand loss during the COVID-19 pandemic has further pushed the trough lower. Slower economic growth is now threatening a very gradual recovery in operating rates for Aromatics and is expected to keep margins under pressure over the medium term.
Managing interregional trade arbitrage, choosing between aromatics or gasoline production, and deciding on inventory management are some important short-term decisions that aromatics market players must make daily. The Asia Aromatics service extends from the feedstocks to major downstream market products, provides a one-shot overview of the complete sector, and, most importantly, includes our forecasts for these products.
Comprehensive monthly market price, supply, demand, and trade data and analysis for:
- Benzene
- Mixed Xylenes
- Paraxylene
- Styrene
- Toluene
Strategic Analysis
Duration: Short-term – 2-year price forecast and market outlook
Asian Market Daily report provides a comprehensive view of Asian markets for aromatics as well as market-moving news, price metrics and market commentary.
This service focuses predominantly on the Asian markets but fully embraces the strong influence of other regional markets. It includes frequently updated short- and medium-term forecasts on supply/demand, prices and margins.
Key Features
Duration: Short-term – 2-year price forecast and market outlook
PRICES COVERED
Contract and spot price summary with a brief review of current market conditions
- Benzene
- Toluene
- Mixed Xylenes
- Paraxylene
- Styrene
ASIA AROMATICS DAILY MARKET SNAPSHOT
This daily report provides accurate and verified daily spot transaction ranges for the most actively traded products covered in the Aromatics Weekly. The daily postings provide an alternate posting index to the traditional Aromatics Market Weekly month-end, spot posting that averages the weekly ranges published in the Aromatics Weekly Report. The Asia Aromatics Daily includes Asia price postings for benzene, toluene, mixed xylenes, paraxylene, and styrene (actual or notional), plus the closing prices for some basic energy markers and calculations of key alternative values and extraction indices. Also included for each product is a running monthly spot average price for the current month.
ACCESS TO SUBJECT MATTER EXPERTS
Personal telephone and/or email discussions, and meetings on the subject matter covered in the monthly report.
TRADE
Trade statistics, global trade analysis, freight estimates, tariffs, and sanction tracking.