US fatty alcohol prices rising fast - buyers
27 March 2008 22:48 [Source: ICIS news]
HOUSTON (ICIS news)--US fatty alcohol prices are on the rise as sellers are moving quickly to implement second-quarter increases, buyers said on Thursday.
Short chain C8-11 natural and synthetic alcohols were under strong upward pressure due to an ongoing crimp in feedstock straight alcohol C10, according to sources.
Adding to this pressure was a growing preference by producers to make the C8-10 fatty acid and skip fractionating the C10 straight alcohol due to better margin options on the acid, market players said.
Detergent range C12-14 natural and synthetic and C12-15 branched synthetic alcohol prices were also said to be on the upswing moving into the second quarter, but were less intensely pressured than the short chain alcohols.
Similar conditions prevailed for the C16-18 blend alcohols, buyers said.
Most suppliers issued 8-15 cents/lb ($176-331/tonne) increase initiatives on all alcohols effective 1 April and/or 15 April, depending upon the producer. Increase targets were underpinned by benchmark high prices in feedstock vegetable oils, buyers and sellers said.
Buyers said they were finding comfortable alcohol availability in the C16-18 and 12-15 cuts, but not 8-11s.
C8-11 alcohols were assessed in a $1.20-1.35/lb range in first-quarter business, according to global chemical market intelligence service ICIS pricing. C12-15 was assessed in a 77-90 cents/lb spread, while C16-18s were at 71-76 cent/lb.
US natural fatty alcohol producers include Procter & Gamble and Cognis, among other
By: Judith Taylor
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