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 Q1 2020
Availability in Europe lengthened in Q1, on the increased supply of benzene. January supply was balanced, with a brief period of tightness on reduced cracker output, lower inventories and fewer imports. However, from February onwards supply lengthened significantly as the coronavirus broke out in Europe and prevention measures were put in place. Countries went into lockdown and some factories closed. The automotive industry was particularly hit and this resulted in oversupply.0-60,000 tonnes per month.
Demand in Europe was significantly reduced in Q1, from February onwards. The drop off in demand was most notable in the end-use automotive sector, as buying interest there was severely impacted by the lockdowns in many countries worldwide, and by the closures of some tyre manufacturers and automotive factories. Demand for products along the supply chain in Q1 was much lower than in Q4 and figures were lower than expected because of the pandemic.
Supply of ethylbenzene was steady in the first half of the Q1 2020 as benzene production remained strong, though quickly lengthened as global supplies mounted in the second half of the quarter.
Demand for ethylbenzene in the first half of Q1 2020 increased along with styrene demand, though plummeted going into the second half of the quarter due to coronavirus concerns.
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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