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Market Update
- Hormuz Strait closure supports freight rates, threatens crude and petrochemical demand
- Traders track weather risks as Middle East conflict supports Asian gas premium
- Mitsubishi Chemical to discontinue production of some epoxy resins in Japan
- LNG bunkering demand could hit record annual growth
- AkzoNobel rejects bid by Nippon Paint and Sherwin-Williams, stands by merger with Axalta