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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.
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Updated to Q3 2017
Chinese domestic markets experienced some tight supply, brought about by environmental inspections in China, as well as some planned maintenance. A similar story played out in the n-butanol (NBA) spot market in northeast Asia.
In southeast Asia, one major producer in the region started regular maintenance in mid-July and rendered the supply tight in the region. The situation was exacerbated as sellers saw northeast Asia as a more attractive region with spot prices higher there, resulting in some exports to northeast Asia.
Demand of n-butanol (NBA) was largely stable in the third quarter with spot prices mostly dictated by the level of supply in Asia. That said, downstream butyl acetate (BA) provided a fair amount of support during the third quarter. In southeast Asia, some buyers were forced to up their bids in order to compete for cargoes due to higher spot prices in northeast Asia.
The story was largely similar for 2-ethylhexanol (2-EH) as buyers were largely buying on need-to basis. There was however a brief uptake in demand during the quarter as plasticizers makers tried to increase their production rate.
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.