High petrochemical inventories in China dampen trade activity in August
03.09.2020
MOSCOW (MRC) -- High levels of petrochemicals stored in China's tanks and warehouses, much of which was purchased during the price trough in March-April, are slowing import demand into China in August, reported S&P Global with reference toВ market sources.Despite inventory drawdowns in recent weeks, styrene monomer stockpiles remain above 300,000 mt in East China, keeping shore tanks fil