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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 US Oxo-alcohols marketplace.
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Updated to Q2 2017
The pace of US oxo-alcohols free-market contract price gains slowed marginally at the beginning of the second quarter - primarily on pressure from propylene - but oxo-alcohols prices began slipping in May as propylene lost ground in April.
Domestic propylene settled lower by 6 cents/lb ($132/tonne) for April and by another 7.5 cents/lb in May on improved supply and waning demand. The May propylene decline was expected to push June oxo-alcohols pricing lower despite healthy seasonal demand from the US paints and coatings markets. Meanwhile, June propylene appeared to be heading for a rollover, olefins sources said.
Despite pressure from May propylene, snug supply and good seasonal demand may limit oxo-alcohols price declines in June.
Sources have described n-butanol (NBA) and 2-ethylhexanol (2-EH) as the tightest of the oxo-alcohols. Supply limits on 2-EH were still in effect from Eastman during the second quarter, and a force majeure declaration has remained in place following a major outage at BASF's Ludwigshafen plant in Germany since October 2016.
The weekly US oxo-alcohols report covers contract and spot prices for normal butanol (NBA), isobutanol (IBA), 2 ethyl hexanol (2-EH) and dioctyl phthalate (DOP).
The report provides an overview of markets for solvents and plasticisers that are the key drivers for oxo-alcohols.
ICIS talks to producers, consumers and resellers to assess prices. We pay special attention to trends in the construction trades as indicators of downstream demand.
The oxo-alcohols report is essential to our customers as it assists them to make their purchasing decisions.
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.