The ICIS Cumene price report is published weekly in the US, providing pricing information supported by market analysis on production news, economic news, upstream and downstream market developments, all of which support information on the contract prices.
The coverage from our locally based reporters keeps you up to date with the key issues driving prices, ensuring you have the information you need to make confident commercial decisions.
Updated to Q1 2021
Cumene supplies where ample to meet market demand for the first half of Q1, though subsided in the second half as key production facilities in the US Gulf Coast region were taken offline amid the February winter storm. Benzene and refinery-grade propylene (RGP) feedstocks were in short supply as well, further compounding the material deficit.
Demand for cumene shrank sharply in Q1 as many downstream production facilities idled due to storm-related damages or declared force majeure for lack of material. Phenol and acetone units at major facilities were offline for weeks after the storm.
We offer the following regional Cumene analysis and news coverage to keep you informed of factors and developments affecting prices in the Cumene marketplace.
News & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
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If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
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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 Cumene, 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.
Cumene is the main feedstock for phenol/acetone production and demand is driven by market growth for the derivatives of phenol and acetone such as bis-phenol A, phenolic resins and caprolactam.
Cumene is a colourless liquid, with characteristic sharp, penetrating, gasoline-like odour. It is insoluble in water but soluble in ethyl alcohol, ether and benzene.
Cumene is the main feedstock for phenol/acetone production and nearly all is used in this way. Demand is driven by market growth for the derivatives of phenol such as bisphenol-A (BPA) and phenolic resins.
Other minor uses for cumene are as a thinner for paints, lacquers and enamels, as a constituent of some petroleum-based solvents and as a component of high octane aviation fuel.
Cumene is utilised in the manufacturing of polymerisation catalysts, catalyst for acrylic and polyester type resins, and as a raw material for peroxides and oxidation catalysts.
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