Oxo-alcohol Europe Transcript
The European ICIS Oxo-Acohols report follows isobutanol (IBA), normal butanol (NBA), 2-ethyl-hexanol (2-EH) and plasticizer pricing on a weekly basis.
The report contains two main plasticizers, dioctyl phthalate (DOP) and di-isononyl phthalate (DINP).
As well as a delivered price for distribution within Europe, it includes free on board (FOB) prices for export.
Movement in upstream markets such as crude oil, propylene, phthalic anyhdride (PA) and orthxylene (OX) are important in the oxo’s market. Contract settlements and discussions are always included in the report.
The oxo’s market is a global one and the European report also tracks movements in Asian markets.
European availability is currently very tight, and some sources attribute this as strength in the Chinese market which has soaked up volumes which might otherwise have been available for Europe.