2017 brings a mixed bag of fortune for chemical commodities

| September 20, 2017

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North America several new ethane crackers and downstream PE plants are expected to come on-stream in 2017. However, the possibility of new PE capacity weighing down on the PE prices are low in 2017, as nearly 40-50 percent of the production from the new PE plants would be earmarked for exports. The North American PE prices are expected to increase by 6-8 percent on a Y-o-Y basis in 2017, primarily due to the anticipated uptrend in crude oil prices during the year. With several crackers and PDH units coming online, increased propylene production and ample inventories, propylene supply might weigh down on PP prices despite no additions in PP.

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Stera Chemicals is one of the largest importing and distribution companies in Romania dealing with packed as well as bulk chemicals, commodities and specialties, for the following industries:

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