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 Q3 2019
Europe benzene supply lengthened towards the end of the quarter, after a tight few months which saw a steep $100/tonne backwardation on October. The price premium was because of limited availability for prompt material, and the expectation had been that October supply would improve and thereby also narrow the spread in pricing month on month.
Supply was tight on reduced run rates, lengthier outages and unplanned glitches, along with fewer imports and more exports. Ethylene supply was balanced towards the end of the quarter.
US supply of ethylbenzene was steady in the third quarter as upstream benzene production was steady on constant gasoline demand from the end of the summer driving season. Refineries produce benzene as a byproduct of gasoline production.
US demand for ethylbenzene was lower, tracking weak downstream styrene demand as supply of styrene remains ample. US ethylbenzene is produced mainly for the manufacture of styrene. Downstream styrene markets include acrylonitrile-butadiene-styrene (ABS) and expandable polystyrene (EPS).
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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