Propylene oxide Europe Transcript
The European propylene oxide (PO) report covers the domestic price its contract business and covers a free delivered (FD) northwest European (NWE) basis.
It also deals with the miscellaneous which is the non-polyol sector, and provides a valuable insight into this generally less tapped-into market.
The report normally covers feedstock, or 80% of the feedstock movement, and that is approximately 95% of the formula-related business.
The remaining 5% of the business is generally free negotiated and moves in line with supply and demand fundamentals.
The main downstream sectors include the starch-based food applications, surfactants, automotive and construction sectors.
The propylene oxide report provides valuable pricing information, production updates and market information for both buyers and sellers alike.