SINGAPORE (ICIS)—With the implementation of import tariffs by the US, aromatics trade flow from Asia might see a shift, especially on the back of disparities in tariff rates on different countries.
- High volumes exported in Jan-Feb, slowdown from Mar onwards
- South Korea, possibly affected, as one of the major exports of aromatics to the US
- Global macroeconomic growth to witness a slowdown amid trade war
In this chemical podcast, ICIS market specialist Samuel Wong discusses the potential impact of US tariffs on the Asian aromatics markets.