Glycol ethers Asia Transcript
Butyl glycol or BG is a fairly liquid market in Asia, where deals or discussions can be heard every week. We assess bulk cargoes and we also track the Chinese domestic market prices.
On the other hand PM solvent and PM acetate markets are more opaque and slow-paced. For both these grades drum container parcels are represented in the assessments. While china domestic numbers are reported in the commentary.
The ICIS report is a benchmark for all these products, and key industry players use the quotes for formula and spot pricing. We offer in-depth coverage of the trends and movements for three markets: butyl glycol, PM solvent and PM acetate in China and southeast Asia.
We report on a weekly basis, deals bids and offers, for CFR China and CFR southeast Asia cargoes are included in the assessments.
The report also provides comprehensive analysis of factors affecting the market, like feedstock normal butanol and propylene oxide prices.
The analysis also includes the impact of sudden outages, or scheduled shutdowns on demand - supply balance.
AS BG is imported from the US and Europe every month, trends in the American and European markets are tracked closely, it has a direct impact on the demand supply balance here and in Asia.
Making it an essential read for those active in trading these products.