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Petrochem sector faces renewed pressure as war in Ukraine drives up feedstock prices

Naphtha is seen rising to about US$1,100/tonne by the end of Q1 and to about US$1,200/tonne by year-end, experts predict

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Mindy Tan

Mindy Tan

Published Wed, Mar 16, 2022 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    ASIA'S petrochemical producers are facing ramped-up pressure as the Russia-Ukraine war drives up feedstock prices.

    Trung Ghi, Arthur D Little's (ADL) head of energy and utilities and Asia-Pacific, said: "From various sources, we will likely see naphtha rise to about US$1,100/tonne by the (end of first) quarter and potential further increases to about US$1,200/tonne by year-end.

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