With China’s Oxo-alcohols prices moving in different directions, it is critical for market players to be informed on the changing dynamics and market sentiments. Published and derived by our local industry experts, our on-the-ground price reporting, insights and data analytics solutions provide the following:
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Updated to Q4 2018
The average spot price of n-butanol (NBA) in East China went up from Chinese yuan (CNY)5,825/tonne to CNY6,500/tonne in mid-November. The main reason was tight supply.
In late November, the price decreased to CNY6,325/tonne due to high inventories.
In early December, the prices rebounded to CNY6,600/tonne, because of improved buying interest from downstream butyl acrylate producers.
Updated to Q4 2018
The average spot price of 2-EH in East China increased from Chinese yuan (CNY)6,750/tonne to CNY7,050/tonne during early-mid October. Prices then fell to CNY6,875/tonne in late October. From early November to early December, prices rebounded to CNY7,450/tonne.
The reason for the price increase from early October was strong downstream demand. From late October, prices decreased due to high inventory.
In the rest of the time, improved buying interest from downstream plasticizer producers amid increasing prices of their own products and higher propylene values strengthened the market.
We offer the following regional Oxo-alcohols analysis and news coverage to keep you informed of factors and developments affecting prices in the China Oxo-alcohols marketplace.
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Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
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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.
Over 25 years of reporting on key chemicals markets, including Oxo-alcohols, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
The alcohols (NBA, IBA, and 2-EH) have some uses just as solvents, but are primarily used as feedstocks for other products.
ICIS publishes weekly pricing information for China’s volatile oxo-alcohols markets. The report gives you access to the latest import CFR China main ports and domestic ex-tank prices for a more reflective view of the market.
The report also includes market commentaries such as hot topics and changes in government policies, as well as plant production statuses and weekly inventory levels, to help industry players understand the drivers of the price movements and changes in this market.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Oxo-alcohols. 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.
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