Oxo-alcohols Prices, markets & analysis
Stay abreast of the regional Oxo-alcohols markets that matter to you.
From pricing information to the analysis you need to understand it, ICIS coverage of regional Oxo-alcohols markets is second to none.
Our locally based reporters constantly update our independent price assessments and market coverage, giving you a firm foundation in all your dealings.
Use ICIS information to:
- Follow price drivers and fluctuations
- Inform your internal market modelling
- Back up your negotiations
- Determine settlement and contract terms
Oxo-alcohols are products that are derived from olefins, primarily propylene. Products like butanol (NBA) and iso-butanol (IBA) and 2-ethyl hexanol (2EH) are used as solvents and plasticisers.
They are pre-cursors of products that are used in the paints and coating industries as well as the manufacture of flexible polyvinyl chloride (PVC).
Key drivers for the oxo-alcohols market are construction industry, whether it be home construction or commercial construction industry, appliance industry and the automotive products industry; industry categories that need permeable coating material.
The market currently is recovering form recession and people are anticipating that the market for oxo-alcohols will continue to grow for the next several years as various industries continue to recover from the downturn.
Oxo-alcohols news and market information products from ICIS
We offer the following regional Oxo-alcohols coverage to keep you informed of factors and developments affecting prices in the Asia Oxo-alcohols marketplace.
Price Reporting – More information about the price reports we publish on Oxo-alcohols
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
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News & analysis
News & Analysis - News & market analysis specifically relating to Oxo-alcohols
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
The prices of oxo-alcohols in Asia fell from mid-August to mid-November because of ample supply in the key market of China.
The new plant capacities that came on stream in the quarter ended mid-November led buyers to expect further price declines as downstream demand remained weak. China’s Tianjin Soda Plant started up its new 250,000 tonne/year oxo-alcohols facility on 18 September, while Wison (Nanjing) Clean Energy brought its new 250,000 tonne/year oxo-alcohols facility on line in the same month.
As a result of ample Chinese supply, discussions for imported cargoes into the country were limited, as end-users preferred to purchase from local product because of lower risks being incurred from the shorter delivery time.
Subsequently, the buy-sell gap in Asia widened from $50/tonne in the previous quarter to $100/tonne in this quarter, as buyers showed little interest in building up inventories amid an uncertain outlook. Regional suppliers were unwilling to match the low buying indications, as their production costs remained high on the back of firming feedstock propylene prices, which had squeezed their margins.
Updated to mid-November 2013
ICIS publishes a weekly report for the oxo-alcohols chain in Asia. It includes price assessments for regional products, such as normal butanol (NBA), isobutanol (IBA), 2 ethylhexanol (2-EH) and dioctyl phthalate (DOP).
Domestic external numbers from the key Chinese market are provided.
ICIS works closely with our colleagues to ensure the most in-depth coverage is made available to our subscribers.
We keep track of upstream propylene movements, plant turnarounds, production outages, new start-ups, expansion plans and downstream demand drivers to ensure that the supply and demand conditions are delivered clearly for customers to make key business decisions.
Information in the report is based on data collected from a wide range of contacts, this is then carefully analysed and delivered within the report to ensure that the information is timely, accurate and impartial. It is a crucial report and extremely useful to our customers.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Oxo-alcohols. 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 Oxo-alcohols, 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.