Katrina boosting Asian petchems

摘要

THE FINANCIAL effects of Hurricane Katrina are already being felt around the world.Asian petrochemicals are seeing price increases,and markets are expected to turn bullish for late 2005 and early 2006,producers and traders say.Asian petrochemical players have voiced concerns about the possible negative impact the hurricane may have on the US and global economies,which could dampen demand growth in the short term.