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We offer the following regional Oxo-alcohols coverage to keep you informed of factors and developments affecting prices in the Europe Oxo-alcohols marketplace.
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Updated to Q2 2018
The European oxo-alcohols supply varies depending on the grade. Nbutanol (NBA) and isobutanol (IBA) have remained largely balanced. However, 2-ethyl hexanol (2-EH) has been snug to tight, depending on the source due to good demand and planned maintenance carried out by Germany’s Oxea in June and a force majeure declaration from Poland’s Grupa Azoty Zak on 1 June. Then on 26 June, Ineos also declared force majeure from its oxos unit in Lavera, France.
Demand is traditionally at its peak in the second quarter and while there were good levels of buying, for many consumption was not as strong as had been predicted. June was the healthiest month, partly due to the number of working days compared to April and May, and this was bolstered later in the month as further production issues arose. Spot supply of 2-EH was particularly tight at the end of the quarter.
The European ICIS oxo-alcohols 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 orthoxylene (OX) are important in the oxo-alcohol markets.
Contract settlements and discussions are always included in the report.
As the market is a global one, the European report also tracks movement in Asian markets.
European availability is tight, and some sources attribute this as an advantage in the Chinese market, which has soaked up volumes that might otherwise have been available for Europe.
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.