S&P Global Commodity Insights Petrochemical

The center of oil demand is shifting China’s growth may have peaked for gasoline and diesel. India is rising fast, set to outpace China as the main source of global demand growth. South & Southeast Asia are stepping up too. #APPEC 2025 breaks down what’s next

CHEMICALS H2 2025: Global #acrylic #monomer, MMA markets struggle to rebound ▪️Demand likely to remain weak globally for rest of 2025 ▪️Buyers cautious amid economic, trade uncertainties ▪️New capacities deepen supply-side pressure 🖥️Full story: okt.to/2fhcsO

@SPGCI’s Jorge Jardim says pleased/honored that Brazil recognizes independence & trust of Platts benchmarks and will use nearly a dozen Platts pricing references in its calculations of oil-related royalties payments: okt.to/PDKh5m

#US recycled #PET markets struggle with depressed market conditions ▪️Plant closures and increased #imports impact US market dynamics ▪️West Coast recycled PET markets see very weak demand levels Full story: okt.to/XlWROn

The global mixed plastic waste market is at a pivotal juncture. While challenges persist, particularly in supply consistency and policy support, the momentum toward circularity is undeniable, Heng Hui writes: okt.to/jPbH7I

#Brazil's industry financials worsen in Q2, hinder R-PET #demand ▪️High interest rates emerged as a major concern for the country's industry ▪️Weaker financials, low confidence, reduced investment hit R-PET demand 🖥️Full story: okt.to/N8zXvA

The global mixed plastic waste market is at a pivotal juncture. While challenges persist, particularly in supply consistency and policy support, the momentum toward circularity is undeniable, Heng Hui writes: okt.to/ySLhi0