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Polyolefins trends in H1 2021: New Asia capacity, unclear demand

Published February 2021

The global olefins/polymers market will continue to face challenges in H1 2021. Fresh supplies will be available in Asia in line with planned capacity expansions, while bullish naphtha feedstock prices put pressure on petrochemical margins.

Petrochemical demand started recovering in H2 2020, but the impact from the COVID-19 pandemic lingers. S&P Global Platts examines the outlook for the global olefins/polymers markets for the first half of this year.