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 Q3 2019
Supply of US cumene fell in the third quarter amid the shutdown of a refinery. The refinery, with a capacity of 612,000 tonnes/year, closed after a fire late in the second quarter. The refinery owner planned to sell the facility, but this had not happened by the end of the third quarter. Remaining US capacity was enough to meet demand.
Demand for US cumene fell in the third quarter amid lower downstream production rates. Lower demand for phenol and an oversupply of co-product acetone slowed rates. Demand for both downstream products was reduced due to underperformance in the automotive and construction sectors, while acetone demand was further eroded by downstream outages.
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.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
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.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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.
HOUSTON (ICIS)--The US and China have agreed on Friday to suspend a new round of tariffs that they had planned to impose on each other on 15 December. In addition, the US will lower tariffs to 7.5%...Read
LONDON (ICIS)--The UK Conservative Party's landslide victory points to the likely ratification of a Brexit withdrawal deal that would reduce political uncertainty, but preserving regulatory...Read
LONDON (ICIS)--Russia’s Gazprom may have until 31 December to book capacity for the transit of Russian gas via Ukraine after the deadline is set to be extended, Yuriy Vitrenko, executive director...Read