# Petrochemical Industry: Year-end Shopping Season Effects Plus Supply Shortages - Businesskorea

> Petrochemical product spreads for polymers and butadiene widened further in November 2020 on solid demand from hygiene, appliance and shopping-season demand. Lotte Chemical's Daesan plant and LG Chem's Yeosu plant suspended operations, keeping supply tight into early 2021.

- Date: 2020-11-23 · published 2020-11-23T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/4398-petrochemical-industry-year-end-shopping-season-effects-plus-supply-shortages
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The story concerns petrochemical markets rather than feed commodities, so the price impact on feed buyers is limited. Tight olefin and polymer supply is a petrochemical-specific driver.

## Sources

- businesskorea.co.kr: https://www.businesskorea.co.kr/news/articleView.html?idxno=55553

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.