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.
Use ICIS information to:
- Develop internal analytical models
- Inform settlements and contracts
- Optimise deals and negotiations
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
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
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 Q3 2018
Supply of phenol was balanced-to-tight after a late-February idling of a Shell Chemical unit. Producers have been running at strong rates amid robust demand. Increasingly attractive export margins have kept those rates up. The market tightened as competition with exports added pressure for domestic buyers to lock in their supply. Discussions to increase phenol adders emerged in the third quarter as a depressed market for co-product acetone led producers to decide whether to cut production or seek to increase margins on phenol.
Demand was strong in the third quarter across downstream sectors in the US. Domestic polycarbonate (PC) and epoxy producers were running at high rates with good margins. Export demand rose amid curbed Chinese production due to environmental measures. Export margins climbed from parity to negative numbers a year ago to adders of 14-16 cents/lb in the third quarter of 2018. Domestic buyers were pushed to secure supply as a result, so material available for export tightened.
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.