APIC '16 - INSIGHT: Rising crude puts Asia PE profitability under pressure

摘要

SINGAPORE (ICIS)--Asia integrated polyethylene margins have held up remarkably well in 2016 even as the rising oil price has pushed naphtha and ethylene costs higher. The higher crude price over the past couple of weeks has, however, begun to chip away at margins. A question has to be whether producers now have the pricing power to continue to push through polymer price increases in a rising cost environment.