ICIS has a network of locally based reporters providing coverage of regional Phenol markets.
Whichever regional markets you need to track, our independent price assessments and market coverage will keep you fully up-to-date so you can always negotiate with confidence.
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- Develop internal analytical models
- Inform settlements and contracts
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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 US Phenol marketplace.
Price Reporting – More information about the price reports we publish on Phenol
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News & Analysis - News & market analysis specifically relating to Phenol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q2 2017
US phenol contracts fell in the second quarter on a net basis, with declines in March and April outweighing a small increase in May.
US phenol contracts continued to move in tandem with upstream benzene contracts, as phenol adders were described as largely steady. There were buyers and sellers who said adders saw some declines, but those drops were limited to around 0.1 cents/lb, sources said.
Phenol supply was snug at the start of the quarter but this improved to balanced following the completion of several turnarounds. Demand was described as up slightly year on year, as downstream products polycarbonate (PC) and epoxy resins experienced less competition from imports, which in turn boosted domestic production.
Spot phenol prices trended lower throughout the second quarter, tracking weaker global benzene values. Sources said buyer ideas from Asia fell, with spot phenol closing the quarter at a discount to benzene of around 2-3 cents/lb. This limited selling from US producers, who were still seeking premiums to benzene.
The weekly ICIS report on the US Gulf (USG) market for phenol includes both contract and spot assessments.
The contract price generally moves monthly and lags the upstream benzene development by about one month.
The spot price and free on board (FOB) export price can be moved weekly, or as market conditions dictate.
Information on the report contains input from buyers, sellers and traders, as well as a comprehensive look at the upstream and downstream factors that influence pricing.
The report includes monthly contract pricing for benzene, which is a key cost ingredient in phenol production.
Supply and demand issues are also discussed in the report, including production problems and planned outages.
Monthly trade data rounds the analysis to deliver a full picture of the US phenol market.
Subscribers find the report invaluable for establishing their own pricing terms with suppliers and customers.
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.