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 Q4 2020
Availability in Q3 was long given the immense drop-off in demand as a result of the pandemic. Run rates at most facilities were reduced to adjust to the lower demand, but there was still a supply overhang. Output rates increased again towards the end of the quarter.
Demand decreased along with its associated products as global consumption took a hit early on in Q3 because of the pandemic and the lockdowns that came with it. Demand increased slightly as the quarter ran on, but has yet to return to pre-pandemic levels.
Ethylbenzene supplies tightened for much of Q4 as surging demand pressure for styrene production also caused a sharp hike in benzene buying activity. Supplies stabilised for the latter part of the quarter as market participants only saw marginal styrene demand persist into December.
Demand for ethylbenzene rose during the quarter as global styrene demand pushed forward starting in mid-October while levelling off around mid-December as styrene imports into key Asia markets waned.
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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