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On April 11, ICIS announced that due to the sharp rebound in global petrochemical product and plastic prices due to the sharp rise in crude oil and energy prices, the ICIS Petrochemical Products Index (IPEX) in March increased significantly by 8.
Regionally, Northeast Asia recorded the largest increase in IPEX
IPEX tracks price movements for 12 major petrochemicals and polymers, including ethylene, propylene, butadiene, benzene, toluene, paraxylene, polyethylene, polypropylene, styrene, polystyrene, methanol and polyvinyl chloride