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 Cumene market.
Our information is gathered by locally based reporters, giving unrivalled coverage of regional markets.
Updated to Q3 2019
US cumene supply is set to decrease in the third quarter amid the shuttering of a Philadelphia refinery that was damaged in a fire. The facility had a cumene capacity of more than 600,000 tonnes/year. The refinery owner is positioning the facility for a sale and restart, but this may not happen. To make up the shortfall, domestic production at other facilities may increase, exports may be reduced or imports may be sought.
US cumene demand is expected to decline in the third quarter as demand for downstream phenol slows due to a lacklustre automotive sector and a slowing construction sector. The automotive and construction industries are major outlets for phenol derivatives. Downstream co-product acetone remains oversupplied and is not likely to spur production rates. Demand also may be hampered by slow growth for the global economy, for which sentiment remains weak despite a US-China trade war truce.
We offer the following regional Cumene coverage to keep you informed of factors and developments affecting prices in the US Cumene marketplace.
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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.
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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.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Cumene.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Cumene. 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.
HOUSTON (ICIS)--The closure of a refinery that was damaged by a fire has a cumene unit, and that could cause US exports of the material to decline, an ICIS consultant said on Thursday. The cumene...Read
HOUSTON (ICIS)--The wind down of a refinery in the US northeast that was damaged by a fire will position the complex for a sale and restart, the owner said on Wednesday. Philadelphia Energy...Read
HOUSTON (ICIS)--Philadelphia Energy Solutions plans to shut down its refinery in Pennsylvania within the next month after a fire at its alkylation unit, the mayor of the city said on Wednesday. The...Read