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 2019
US cumene supply was amply supplied during the first quarter of 2019 following a period of tightness in the latter half of 2018. Buyers found no issues securing material, but some logistics bottlenecks prevented delivery. Fog in the Houston Ship Channel and high Ohio River levels prevented two major downstream phenol/acetone producers from receiving the raw material. This prompted two separate force majeures in February and March, which largely impacted phenol and not acetone.
US cumene demand was relatively steady during the first quarter of 2019. Demand is entirely driven by robust markets for downstream phenol as co-product acetone remains oversupplied. Phenol demand is driven by epoxy resins, phenolic resins and nylon as polycarbonate (PC) markets remain soft. Despite strong demand, cumene buyers had difficulty receiving product amid weather-related logistics issues from mid-February through March. These issues led to reduced phenol/acetone operating rates and prompted two separate force majeures on phenol.
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
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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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