Cumene Prices, markets & analysis
ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional Cumene market.
Our information is gathered by locally based reporters, giving unrivalled coverage of regional markets.
Use ICIS information to:
- Understand price drivers and fluctuations
- Develop internal analytical models
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Cumene US Transcript
The weekly US report for cumene includes a formula-based price assessment, which is updated monthly upon confirmation of benzene and refinery-grade propylene prices.
The formula is an average of several industry reference formulas.
The report offers market commentaries that include details of trace transactions, news on the supply-demand balance, export-import information contract price negotiations and general sentiment for price direction.
Since the price is entirely feedstock driven, the latest information on benzene, propylene, and crude oil prices and trends is also given.
The US cumene report is an excellent tool for explaining price behaviour.
Subscribers really need to know the price-dynamics of the market to be able to make their own decisions on buying and selling and this report gives them the vital information they require.
Cumene news and market information products from ICIS
We offer the following regional Cumene coverage to keep you informed of factors and developments affecting prices in the US Cumene marketplace.
Price Reporting – More information about the price reports we publish on Cumene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Cumene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q2 2015
The June 2015 announcement that phenol/acetone producer Haverhill Chemicals would suspend operations at its Ohio plant was seen by market participants as likely to add to existing cumene supply length while boosting downstream operating rates.
Market participants had long spoken of the possibility of a producer ceasing phenol/acetone production, given average plant operating rates of 65-70% and weak profit margins.
Sources said that remaining producers would increase operating rates by an average of 10% in order to meet demand from former Haverhill customers, though the acquisition of new business on the part of other producers would be heavily dependent on geography and infrastructure. It was unclear where cumene volumes previously allotted to Haverhill would move in the future.
Several producers were said to be using cumene in the gasoline pool, helping to bolster margins and mitigate further length given relatively weak demand from phenol/acetone producers.
Source said that cumene exports to Asia were also providing a means of additional revenue for producers.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Cumene.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Cumene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Cumene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.