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The USA**;s LAO market, or at least the USA short line LAO market, weakened on the back of falling ethylene values, weak downstream demand, and lackluster export flows to major destinations. Further, logistical and transport congestion and delays at the port of Houston disheartened market participants.聽 This regional divergence is indicative of the fact that feedstock trends and trade are paving different paths for the future of global LAO flows, where Asia was developed predominately from an expanding downstream base and Western markets remain nostalgic of being **;more economic**; versus **;culturally equitable**;.
LAO Markets Diverge: USA Slide *.** in Sept **** in Contrast to South Korea聽
In the rapidly moving world of Linear Alpha Olefins (LAO), the differences in situation by September **** between the Asian resilience and the Western weakness in LAO markets could not have been clearer. Countries like South Korea swooped onward in...
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