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Entering the second half of 2022, uncertain world economic prospects, volatile oil prices and ongoing logistical challenges cast a veil of uncertainty over the global ethylene and propylene industry chain
In Europe, slow regional economic growth and high inflation are expected to lead to weaker demand for polyolefins in the second half of the year and a slowdown in the olefins market
In the U.
In Asia, where naphtha is the main raw material, the situation of ethylene suppliers is hardly optimistic