Reduction in some petrochemicals supply due to Typhoon Krathon likely to have minimal impact

Typhoon Krathon directly impacted the petrochemical hub of Kaohsiung last week, causing power outages that affected plant operations at the site, with some units likely to be shut for days.It was reported by sources that Taiwan VCM’s 450,000 tonne/year vinyl chloride monomer (VCM) plant sustained equipment damage and may have to be down for 7-10 days.

The lower supply of some petrochemicals due to these events will likely have a minimal impact on markets as demand remains largely weak.

Read the full article on icis.com: Asia petrochemical trades subdued, China post holiday demand uncertain

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