Dateline City:
HOUSTON
Energy-based hydrocarbons essential to chemical production, but lower energy prices driving petrochemical market volatility
The recent decline in global oil prices is causing some petrochemical supply chain destocking, but is also sowing the seeds for better economic conditions, lower petrochemical prices and improving global petrochemical demand. These trends are ultimately leading to tighter market conditions, according to analysis from IHS (NYSE: IHS), the leading global source of information and analysis.
Language:
English
