demand for polyethylene (1)

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Pressure on maritime supply chains after the sudden rebound in demand since the second half of 2020 has caused huge congestion at ports, leading to unprecedented increase in prices and extended delay of scheduled deliveries. After Asia and Europe, which have recorded a steep hike in freight charges amidst congestion on the sea lines and container shortage, Middle East is the next country announcing severe tightness of supplies in its petrochemical sector.

Under the pressure of delivering any back

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