India remains bright spot amid struggling Asian chemicals markets

India is expected to remain a driving force in Asia for petrochemical demand in 2024 given its strong economic growth and resilient industrial production. But greater demand, however, is unlikely to bring much relief to domestic producers struggling with pressure on margins, as prices of key bulk chemicals are expected to remain suppressed due to ample supplies and new capacities… India is expected to remain a driving force in Asia for petrochemical demand in 2024 given its strong economic growth and resilient industrial production. But greater demand, however, is unlikely to bring much relief to domestic producers struggling with pressure on margins, as prices of key bulk chemicals are expected to remain suppressed due to ample supplies and new capacities… Read More