Phenol Prices, markets & analysis
Use the independent price assessments and market coverage in our price reports to track the regional Phenol 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
Phenol Europe Transcript
The ICIS weekly phenol report is the industry benchmark price. It is widely used in the industry in contracts between buyers, sellers and traders.
The main quote is free delivered (FD) northwest Europe (NWE), with additional quotes offering details of free on board (FOB) Rotterdam and spot Rotterdam prices. In addition the ICIS Europe phenol report gives a rouble denominated Russian quote.
This comprehensive report is widely trusted throughout the phenolic chain.
Phenol news and market information products from ICIS
We offer the following regional Phenol coverage to keep you informed of factors and developments affecting prices in the Europe Phenol marketplace.
Price Reporting – More information about the price reports we publish on Phenol
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 Phenol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
The phenol contract price is linked to the benzene contract with an adder or fee on top. Adders are usually negotiated on an annual or quarterly basis. The benzene contract and thus the phenol contract continued to be volatile through Q2, with increases of €16/tonne and €29/tonne in April and May, followed by a fall of €71/tonne in June.
The April increase was particularly problematic as Asian and US prices fell, reducing the competiveness of the European phenol chain. There was much discussion about the potential for imports into Europe, despite quality and logistics concerns. In addition, some buyers talked about a need to rethink the ‘benzene plus’ contract structure. The June reduction was greeted with relief by buyers and sellers.
The spot market remained quiet, but logistics difficulties in June pushed up spot prices.
The market remained somewhat tight, despite the increase in operating rates seen in March. Demand remained healthy, especially for phenolic resins. The impact of the summer shutdowns has been limited to date, with one buyer commenting that the turnarounds are nicely staggered.
Updated to Q2 2014
The ICIS weekly phenol report is the industry benchmark price. It is widely used in contracts between buyers, sellers and traders.
The main quote is free delivered (FD) northwest Europe (NWE), with additional quotes offering details of free on board (FOB) Rotterdam, and spot Rotterdam prices.
In addition, the ICIS phenol Europe report gives the rouble-denominated Russian value. This trusted quote is widely used throughout the phenolic chain.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Phenol. 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 Phenol, 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.