High petrochemical inventories in China dampen trade activity in August

High petrochemical inventories in China dampen trade activity in August
WESPECH PTE LTD
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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

Full article at mrcplast.com

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