India Phenol Acetone - Is volatility here to stay?

Asian phenol has experienced significant price volatility in recent months led by developments in crude oil and benzene markets as well as shifts in demand, plant outages and swings in inventory. Prices in India hit a high of US$1,326.21/tonne on 17 February only to fall rapidly.

The outlook for the rest of the year suggests that price volatility is here to stay.

This presentation provides key insights on drivers that affect the phenol market:

  • Developments in the benzene market
  • Developments in China and its correlation with the India market
  • Plant production and capacity

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