Chemical markets shrug of Colonial Pipeline outage

摘要

Shutdown of the Colonial Pipeline by a cyberattack on 7 May has had no impact on the aromatics markets, say analysts at IHS Markit. Although that would change if the outage extended through next week, the operator, Colonial Pipeline Co., has stated that it expects to restart “by the end of this week.” Trading in benzene, toluene, and mixed xylenes was thin Monday and Tuesday, indicating no concerns around supply.