Tag: Indian crude imports
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Global crude oil, petrochemical feedstock prices ease as Middle East supply flows improve
Shipping inefficiencies, elevated tanker costs keep delivered costs of crude oil elevated Indian PP prices gain 1%, while PVC falls 3% amid mixed pass-through of lower crude costs The global petrochemical complex softened in the assessment week , as improving Middle East crude flows eased some supply pressure, although shipping costs remained elevated. PolyMint assessments…