Global petrochemical feedstocks - 3 important trends in feedstock markets

Refiners and NGL suppliers transfer a wide variety of feedstocks to petrochemical plants, all at ever changing prices, volumes and market dynamics. Market participants on either end of these transfers must understand the market outlook (supply, consumption, price, trade, etc.) in order to confidently make a wide range of commercial and strategic decisions. Furthermore, the oil industry is facing increasing pressure to diversify from fuels markets that are under threat from vehicle eletrification and the wider energy transition. Chemicals feedstocks represent an increasingly important growth sector for oil demand. How will energy transition affect the refinery supply of LPG and naphtha that feed into the chemicals value chain? How will the decline in oil demand affect the supply of gas-based petrochemical feedstock like ethane? Find out more in this insight, as we highlight the 3 important trends in petrochemical feedstock markets.