12 June 2013 21:19 [Source: ICIS news]
HOUSTON (ICIS)--A slightly firmer ?xml:namespace>
Buyer perspectives in late May focused on ease in securing material. However, the slightly firmer market has led several sellers to push for an increase in prices heading into the third quarter.
One supplier said it was definitely seeking to raise prices because mid-cut alcohol inventories in
Mid-cut alcohol contracts were last assessed at 83.00-95.00 cents/lb ($1,830-2,094/tonne, €1,373-1,571/tonne) bulk delivered.
Amongst other fatty alcohols, market participants in the heavy-chain C16-18 alcohols continue to have lower price sentiment and expectations that Q3 contracts could slip under Q2 levels.
US contracts for C16-18 alcohols were assessed at 81.00-93.00 cents/lb on a bulk delivered basis for the second quarter.
($1 = €0.75)
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