Investor Presentaiton
Market product prices
Exceptionally challenging global macro conditions
OLEFINS
1.600
POLYOLEFINS
1.600
1.400
1.389
Barito Pacific
OTHERS
(all figures in US$/T)
1.600
1.400
200
4Q22
3Q22
2022
1Q22
4Q21
3Q21
2Q21
1Q21
1.162
1.309
1.200
1.200
1155
1.200
1.177
941
1095
988
990
1.000
1.000
883
1037
1.000
950
880
1.009
1.094
905
800
800
741
800
854
671
741
796
779
671
741
600
671
600
600
407
407
400
400
400
1.400
200
1Q22
4Q21
3Q21
2Q21
1Q21
4Q20
3Q20
I
4Q22
3Q22
2Q22
3Q20
4Q20
11
-Ethylene
Propylene
-Naphtha
Naptha Price: weaker oil price & ample supplies
pressured Asian Market
Ethylene: lower demand as customers aimed to
minimize inventories by year-end
-Polyethylene
Polypropylene
-Naphtha
Polyethylene: seasonal demand lull during festive
season & persistent Covid restriction
PP price: poor economic outlook & softer consumer
appetite curbed PP Demand
-SM
Butadiene
Naphtha
SM: deceleration of Chinese economy and slower
downstream demand remained as constraints to
consumption
Butadiene: tepid demand as most buyers curtailed
Butadiene offtake and took wait-and-see stance
407
200
0
3Q21
2021
1Q21
4Q20
3Q20
4Q22
3Q22
2Q22
1Q22
4Q21
Chandra Asri
Note: Market data from ICIS & ChemanalystView entire presentation