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
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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 were largely stable-to-soft from mid-January to mid-March, owing to poor demand in China amid sufficient domestic supply in the country.
New plants such as Shandong Dongming and Sichuan Petrochemical that came on stream in the quarter continued to weigh on buyers’ market sentiment, even though their combined capacities were not as large as Tianjin Soda and Wison (Nanjing) Clean Energy.
Demand picked up slightly in early March because of an increase in demand for downstream end-products such as butyl acrylate (butyl-A) and dioctyl phthalate (DOP).
However, discussions for international-origin material into China continued to be scant and sellers were seeking to offload their material to other more lucrative markets in the east Asia region. Sellers of non-dutiable material were heard to be turning their attention to India because of the better netbacks.
In addition, some producers in domestic China had started to export material out of the country on an FOB (free on board) basis and this could be likely to continue to the next quarter, if overseas buyers were willing to pay more than domestic buyers. This offset the tight supply in the region amid several planned and unplanned turnarounds in March.
The buy-sell gap in Asia narrowed slightly to $80/tonne from the previous quarter as several producers were willing to lower their selling indications because of softening propylene prices during the quarter. However, the gap was still considered as wide compared with a year ago and this hampered trading activity in the region.
Updated to Q1 2014
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.