ICIS publishes pricing information which you can use in settlements and contracts in order to optimise your deals and negotiations.
Use the independent price assessments and market coverage in our price reports to track the regional Phthalic anhydride market.
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- Understand price drivers and fluctuations
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Phthalic anhydride news and market information products from ICIS
We offer the following regional Phthalic anhydride coverage to keep you informed of factors and developments affecting prices in the Europe Phthalic anhydride marketplace.
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News & Analysis - News & market analysis specifically relating to Phthalic anhydride
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Updated to Q4 2016
The European phthalic anhydride (PA) market began the fourth quarter with prices edging lower on contracts linked into upstream orthoxylene (OX) and on the spot market. Demand was steady against what was considered sufficient supply. On 17 October there was a fire at BASF’s Ludwigshafen site in Germany, which within a few days saw force majeure on downstream plasticizers and although its PA capacity is for internal use, this was the start of a few production issues. In early November, Lanxess announced force majeure at its Krefeld, Germany, site. Planned maintenance in October saw the nameplate capacity increase from 85,000 tonnes/year to 115,000-120,000 tonnes/year. A third producer with a capacity of 35,000 tonnes/year also experienced difficulties when restarting the unit after a scheduled shutdown. Added to this, Proviron’s planned two-week outage at its 100,000 tonne/year Ostend, Belgium, site. The market was quickly being described as tight and spot prices jumped up €50/tonne for both liquid and flake material. There was further firming here and there, but with improved availability as Lanxess ran up rates, Proviron restarted, the magnitude of the move was limited. November contracts had increased €10/tonne in line with OX and December saw a split settlement of rollover at the low end plus €5/tonne at the high end. In other news, Proviron was sold to Livia Corporate Development on 30 November. Sources were also waiting on news of the proposed merger between Polynt and Reichhold, which was awaiting approval from the European Commission. The year ended largely steady at a firm level, with better than expected December demand.
The European phthalic anhydride report is published weekly on a Friday and deals with spot numbers and contract numbers, for which we are benchmark.
Now, with our offerings in the upstream orthoxylene (OX) market and the downstream oxo-alcohol market, that gives us a whole view throughout the chain.
We speak to a number of the key players. We speak to producers, we speak to buyers and we speak to traders because our view is that the more people and the more contacts we speak to, the more accurate and timely that information will be.
It also allows our subscribers rely on us; to have accurate information; and it allows our subscribers to get the view from the whole market.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Phthalic anhydride. 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 Phthalic anhydride, 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.