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
- Negotiate deals with confidence
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 Q4 2015
US cumene formula contract pricing moved up slightly in the fourth quarter, owing largely to increases in feedstock benzene.
After several months of volatility and wide price swings, benzene was seen stabilising by October. Co-feedstock refinery-grade propylene (RGP) also staged a slight recovery after having fallen to multi-year lows.
Given the feedstock movement, November cumene contract pricing was assessed by ICIS at 28-29 cents/lb ($617-639/tonne) on an FOB (free on board) basis, up 1 cent/lb from October.
In October, downstream phenol/acetone producer INEOS acquired the aromatics business of producer Axiall, including Axiall’s 680,000 tonne/year cumene plant in Pasadena, Texas. As part of the sale, Axiall closed its phenol/acetone plant in Plaquemine, Louisiana.
Meanwhile, the Ohio phenol/acetone plant formerly owned by Haverhill Chemicals restarted in mid-November at a limited rate of production. Houston-based Altivia Petrochemicals acquired the plant following Haverhill’s filing of Chapter 11 bankruptcy.
Cumene supply was seen as largely balanced in the fourth quarter, despite sluggish downstream demand. Export opportunities and the use of cumene as an octane booster in the gasoline pool provided an outlet for excess material.
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.