The ICIS Ethylbenzene reports are covered weekly in Europe and the US. Both regions focus on the spot price assessments on an FOB NWE and FOB USG basis.
The locally based reporters publish news and market analysis on upstream price movements, demand, supply, production updates and graphs. There are also feedstock contract price quotes within both reports. Our independent information gives you the necessary insight to make informed and confident commercial decisions.
Updated to Q2 2021
EB/SM production was mixed in the second quarter. After a period of high margins and output, record high benzene prices and rapid declines in styrene spot prices took styrene margins over feedstock benzene to record low levels in May. This limited some EB production due to unfavourable economics. Margins gradually normalised, although later in the quarter EB production was again dented by domestic production and maintenance issues.
EB derivative demand going into the construction and appliances sector was elevated in Europe in Q2. However, EB demand was somewhat mixed as styrene imports improved, and as declining styrene prices led some participants to postpone spot purchases. Contractual demand was relatively steady. Downstream demand into construction and packaging remains generally strong.
Supply lengthened during Q2 as upstream benzene supplies loosened from Q1 polar storm’s supply crunch. Additionally, styrene supplies have since rebalanced as production rates returned to normal operating levels.
Demand for EB was outpaced by supply for much of Q2 when some styrene and polystyrene facilities, particularly in Texas and Louisiana, resumed operations by late Q1 and early Q2.
We offer the following regional Ethylbenzene analysis and news coverage to keep you informed of factors and developments affecting prices in the Ethylbenzene marketplace.
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Around 99% of ethyl benzene (EB) produced in Europe is used in the production of styrene monomer, which is then used in many homopolymer, copolymer and terpolymer applications.
Ethylbenzene (EB) is a colourless liquid, with a pungent aromatic odour. It is practically insoluble in water but soluble in ethyl alcohol, ether and benzene.
Nearly all EB output is used in the production of styrene monomer, which is then used in many homopolymer, copolymer and terpolymer applications. These applications cover a wide scope of industrial, consumer and medical products.
Ethylbenzene is also used in the production of synthetic rubber, as a component of automotive and aviation fuels and in the manufacture of cellulose acetate. It is utilised as a solvent or diluent for alkyd surface coatings, and as a chemical intermediate for diethylbenzene and acetophenone, ethyl anthraquinone, EB sulphonic acids, and alpha-methylbenzyl alcohol.
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